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                                             Ubiquiti Inc. (NYSE: UI) Securities Fraud Class Action: The complaint centers on Defendants false disclosures concerning the nature and scope of a serious security breach incident at Ubiquiti.  Specifically, on Jan. 11, 2021, Ubiquiti urged customers to change their passwords and enable multi-factor authentication after it became aware of unauthorized access to certain of its IT systems hosted by a third-party cloud provider.  Defendants also downplayed the seriousness of the incident and repeatedly stated that they only became aware of the breach in Jan. 2021. But, on Mar. 30, 2021, the truth emerged when KrebsOnSecurity reported that a Ubiquiti security professional who worked on the company s response to the breach said (1) work actually began in Dec. 2020, (2) [t]he breach was massive, customer data was at risk, access to customers devices deployed in corporations and homes aroun

Hagens bermanReed kathreinHagens berman sobol shapiroUbiquiti incPlaintiff deadlineAttorney nowSecurities fraud class actionBerman sobol shapiroHagens berman sobol shapiro llpகென்ஸ் பெர்மன்கென்ஸ் பெர்மன் சோபோல் ஷாபிரோவழக்கறிஞர் இப்போதுபத்திரங்கள் மோசடி வர்க்கம் நடவடிக்கைபெர்மன் சோபோல் ஷாபிரோகென்ஸ் பெர்மன் சோபோல் ஷாபிரோ ல்ப்