8-6-13 2:13 PM EDT | Email Article
http://media.marketwire.com/attachments/201107/5424_LeviAndKorsinsky_logo.jpg http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=1040446&ProfileId=051205&sourceType=1

NEW YORK, NY -- (Marketwired) -- 08/06/13 -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased iGATE Corporation ("iGATE" or the "Company") (NASDAQ: IGTE) stock between March 14, 2012 and May 21, 2013.

For more information, click here: http://zlk.9nl.com/igate-igte/.

The complaint alleges that defendants issued materially false and misleading statements regarding the Company's business, operational, and compliance policies. Specifically, it is alleged that former CEO and President Phaneesh Murthy, as well as the Company, misrepresented or failed to disclose that Murthy was involved in a relationship with a subordinate which was allegedly in violation of iGATE's policies and Murthy's employment contract. On May 20, 2013, the Company disclosed that its Board of Directors terminated Murthy, effective immediately, after an internal investigation revealed the relationship in violation of iGATE's policy and Murthy's employment contract. On this news, iGATE securities declined $1.58 per share or nearly 10%, to close at $14.82 per share on May 21, 2013.

If you suffered a loss in iGATE you have until August 13, 2013 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (877) 363-5972, or visit http://zlk.9nl.com/igate-igte/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com

Add a Comment

News   More...

DEADLINE TOMORROW: Levi & Korsinsky Notifies Investors With Losses on Their Investment in iGate Corporation of Class Action Lawsuit and Deadline of August 13, 2013 to Seek Lead Plaintiff Position (2013/8/12)
SemiLEDs Corporation Shareholder Alert: Levi & Korsinsky Notifies Investors with Losses on Their Investment in SemiLEDs Corporation of Class Action Lawsuit and the Deadline of September 9, 2013 to Seek a Lead Plaintiff Position ()
SemiLEDs CORPORATION SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in SemiLEDs Corporation of Class Action Lawsuit and the Deadline of September 9, 2013 to Seek a Lead Plaintiff Position (2013/8/27)
SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in SemiLEDs Corporation of Class Action Lawsuit and the Deadline of September 9, 2013 to Seek a Lead Plaintiff Position (2013/8/6)
UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors with Losses on Investment in Medtronic, Inc. of Class Action Lawsuit and Deadline of August 26, 2013 to Seek Lead Plaintiff Position (2013/8/12)
SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Dynavax Technologies Corporation of Class Action Lawsuit and Deadline of August 19, 2013 to Seek Lead Plaintiff Position (2013/8/6)
UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors With Losses on Their Investment in Dynavax Technologies Corporation of Class Action Lawsuit and Deadline of August 19, 2013 to Seek Lead Plaintiff Position (2013/8/12)
UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors With Losses on Investment in Inteliquent, Inc. of Class Action Lawsuit and Deadline of October 8, 2013 to Seek Lead Plaintiff Position -- IQNT (2013/8/14)
VOCERA COMMUNICATIONS SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses in Vocera Communications, Inc. of Class Action Lawsuit and Deadline of September 30, 2013 to Seek Lead Plaintiff Position (2013/9/4)
UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors with Losses in lululemon athletica inc. of Class Action Lawsuit and Deadline of September 3, 2013 to Seek Lead Plaintiff Position ()
Start Premium Trial Register For Free

P F Fund Financial Data (13,000+ funds)
P F Stock Financial Data (7,000+ stocks)
P F Stock and Fund Screeners (basic)
P F Investing Articles and Market Commentary
P F Articles Archive (>30 days)
P F Discuss (dozens of stock, fund, bond, and general bulletin boards)
P F Portfolio Manager (basic)
P F Morningstar Investment Classroom
P F Access Your Portfolio Anytime, Anywhere via Your Mobile Device
P   Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)
P   Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)
P   Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)
P   Portfolio Monitor (monthly and on-demand personalized portfolio statements)
P   Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)
P   Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters
P   Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)
P   Discounts on Morningstar newsletters, books, seminars, and more

Sign-up to Morningstar


Basic Access

Articles and Videos
Morningstar video reports, articles, data, and tools. Dig into our lineup of e-newsletters and investing classroom courses outlining sensible strategies for maximizing your investments.
Morningstar Discuss
Follow the buzz on individual stocks or fund families. Plus, read the latest posts from Morningstar members and analysts.
Portfolio Manager
Track your investments and watch lists with our Portfolio Manager. Customize your view with our comprehensive stock, fund, and ETF data.

Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.

Unlimited Access

Analyst Research
Gather in-depth, actionable insight on over 3,700 stock and mutual funds covered by Morningstar analysts. View our mutual fund Analyst Reports favored by professionals, savvy experienced investors, and new investors researching options for retirement savings, college plans, or other investment needs.
Portfolio X-Ray®
Ensure your portfolio is positioned exactly how you want with Morningstar's X-Ray Interpreter and Stock Intersection tools. A Barron's "Best of the Web" award winner for five years running, X-Ray Interpreter goes under the hood of your portfolio to provide a useful allocation, sector, and geographic analysis. And you can discover how much of a stock you really own, individually and through mutual funds, with Stock Intersection.
Investment Picks
Find new 5-star stocks (greatly undervalued companies) to consider daily. Our 5-star stock rating is a proven winner, consistently beating benchmarks like the S&P 500. Plus, browse our Fund Analyst Picks and Stewardship Grades to find shareholder-friendly mutual funds that are poised for outperformance.
Portfolio Monitor
Get a clear view of your investments with personalized reports about your portfolio. Receive monthly statements and generate reports on-demand to help you stay on track to meet your investment goals.

Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.

Content Partners
Morningstar - 2013/8/6 - SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors With Losses on Their Investment in iGate Corporation of Class Action Lawsuit and Deadline of August 13, 2013 to Seek Lead Plaintiff Position
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Author |  Collection |  Interest |  Popularity

Previous: SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Dynavax Technologies Corporation of Class Action Lawsuit and Deadline of August 19, 2013 to Seek Lead Plaintiff Position  |  Next: SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in SemiLEDs Corporation of Class Action Lawsuit and the Deadline of September 9, 2013 to Seek a Lead Plaintiff Position