Novatel Securities Violation PDF Print E-mail
September 17, 2008

The law firm of Finkelstein Thompson LLP is investigating potential shareholder claims against Novatel Wireless, Inc. (“Novatel” or the “Company”) and certain of its officers and directors. On August 19, 2008, the Company announced that it would likely have to move approximately $3.4 million of revenues previously recognized during the first quarter of 2008 to the second quarter of 2008. The Company further announced that there was a possibility that it would have to restate its financials for 2007. Following this news, Novatel’s stock declined more than 25%, closing at $6.29 on August 20, 2008 on unusually heavy volume.

If you are a shareholder of Novatel, we welcome inquiries concerning your rights and interests in this matter. Please contact our Washington, D.C. office at 202-337-8000 or by email at This email address is being protected from spam bots, you need Javascript enabled to view it .