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EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against United Microelectronics Corp. – UMC

NEW YORK--(BUSINESS WIRE)--

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of United Microelectronics Corp. (UMC) resulting from allegations that United may have issued materially misleading business information to the investing public.

On November 1, 2018, the U.S. Department of Justice announced that United had been indicted for economic espionage. According the announcement, United and another company conspired to steal trade secrets from U.S. semiconductor company Micron Technology, Inc. relating to Micron Technology’s research and development of memory storage devices. Following this news, United’s stock price fell sharply over the following trading days.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by United investors. If you purchased shares of United please visit the firm’s website at https://www.rosenlegal.com/cases-1507.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

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