RiT Technologies Ltd. Information Request Form

The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the District of New Jersey on behalf of investors who purchased RiT Technologies Ltd. (OTC MKTS: RITT) securities between March 3, 2015 and July 1, 2016.

According to the complaint, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) RiT CIS Ltd. was RiT Technologies’ major distributor in Russia and the Commonwealth of Independent States region; (2) RiT CIS was vital to the viability of RiT Technologies; and (3) as a result, RiT Technologies’ public statements were materially false and misleading at all relevant times.

On February 11, 2016, RiT revealed that RiT CIS was “its major distributor in Russia and the CIS region” and was delaying payments to the Company, thus adversely impacting RiT’s current cash flow. Then on April 20, 2016, the Company announced that the collection progress for overdue debts was significantly lower than planned, and that the CFO of RiT Technologies had resigned effective immediately. Then on June 3, 2016, the Company announced the resignation of its President and CEO.

If you suffered a loss in RiT Technologies you have until September 26, 2016 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 receive more information, please fill out the form.

Request More Information

The Law Offices of Vincent Wong do not share your information with others. There is no cost or obligation.

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

This letter confirms that you have retained The Law Offices of Vincent Wong to represent you as a named plaintiff in a shareholder action involving RiT Technologies Ltd.

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys' fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys' fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other RiT Technologies Ltd. shareholders.

Sincerely,

The Law Offices of Vincent Wong

Vincent Wong

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