Roy Jacobs & Associates Announces Investigation into Possible Wrongdoing at Emulex Corp. (“ELX”)

NEW YORK--(BUSINESS WIRE)--Roy Jacobs & Associates a law firm representing investors nationwide, is investigating potential claims on behalf of shareholders of Emulex Corporation. (“Emulex” or the “Company”) (NYSE: ELX) concerning possible breaches of fiduciary duty and securities law violations.

For further information, please contact Roy L. Jacobs, Esq. toll-free at 1-888-884-4490 or by e-mail at rjacobs@jacobsclasslaw.com.

Emulex Corporation provides network connectivity, monitoring, and management products for networks that support enterprise, cloud, government, and telecommunications worldwide. The investigation is focused on: (i) potential breaches of fiduciary duty on the part of the Emulex Board of Directors involving a buy-back of Company shares and the issuance of convertible preferred debt; and (ii) whether the securities laws were violated with respect to the facts surrounding the May 1, 2014, 29% drop in Emulex’s share price upon reporting third quarter 2014 revenues and earnings which missed analysts’ estimates. The revenue decline was quite pronounced in the Company’s largest product line, its Network Connectivity Products.

If you: (i) held Emulex shares since prior to November 1, 2013 and continue to hold your shares; or (ii) if you purchased Emulex shares prior to April 25, 2014 and still hold them, or sold them on May 1, 2014, and in either case you are interested in discussing your rights or have information relating to this investigation, please contact Roy L. Jacobs. Mr. Jacobs will be glad to personally speak with you at no cost to you.