Ubiquiti Crisis - Plunging Stock, Lawsuit and Accusations

Author: John Honovich, Published on May 22, 2012

Things are getting worse for Ubiquiti. What started as a shocking and seemingly fabricated story about the Chinese mafia has evolved into a lawsuit, more serious allegations and a plunging stock price. Inside this note, we examine the details of recent events and their potential to undermine Ubiquiti's place in the wireless and surveillance markets.

Ubiquiti Lawsuit

******** ******** * ************** * ****** ** ******, ********* ***** **** ***** ********** the ******* *** ***, ******** **** ** '************* ** ************* counterfeiting ****.' ***** *** *** **** *** ******* ******* ** *** ***** ******, * *** ****** ***** ***:

  • *** *********** ******** ********* **** ** ********** **** ******* **** of **%, ********* ** ********'* *****.
  • ***** *** *********** ******** **** ****** ********* ** **** ****, Ubiquiti *** **** ******** ********** ** **** ** ******** ******** ill ****, ** * **** ** *** *******.
  • ******** ** ******* ** ********'* ******** **** **** *************. ******** claims **** ** ******* **** *****, * ******* ******* ** fake ******** **** *******.
  • *** ************** ********* **** *,*** **** ******** ******** ********** ******** in *********** *******.

*** ******* *********** ***** ** *** ** *** ***** ** ongoing ************** - **** *******, ********* *******, ******* ********, ***. While ******** ** * *****, *** ***** ******** ** ******** in *******, ****** **** * *** ******* ******* ** *********** products ***** ** * *********** *******.

Iran ***********

***** ********* *********** **** ******* ** *** ** *** ****** ******** ******* is ******** ** *** ************** ****. *** ******* ********** ** that ******** ********* **** ** **** ** ** ******* *****. The ******* **** ** **** *** ** ********** ************ ******* ******** ***** ********* ******** ********* ********* "* **** ** ** $1,000,000, *** ******* ******* *** ** ********** *** ** ** 20 *****."

***** ** ** *** **** *** ********* ** *** ********* or *** ******** ***** **** ***** **** ***, **** ***** allegation's ********* *** ****** ********. *** ********, *** **** ****** screenshots ******* **** **** ** ** ******* ************ * ******** ********* *********** ****** **** **** ** **** as*********** **.

******** **** **** ** **** **** *** ******* - *** they ****/****** ** ****? *** **** ** ** *********? **** their ******* ******* ** *********? **** ** **** *** ********, having **** **** ***** ***** ** *** ****. *******, ** they *** ** *****, *** ************ ***** ** ***** ******.

******** ***** **** ******** **** *********** ****** ***** ***. ********* to*******, ********'* *********** *** **** **** *** *** **** *** products ***** *** ** **** **** **** ***** ***** **** and ****, ***** ****, **** *** ***** ***** ** **** exports ** ****.

Plunging ***** *****

***** * ***** **** ** ***** ***** ** ******** ***** the *********** ******* ***** ***********, *** ***** *****'* ********* ****** fall -**** * **** ** $** ** ***** $**- * **** ** **** **** **% - ** **** troubling.

[****** *** **** - *** ***** *** **** ******* **% is *** **** ** $**.** - * ***** **** ** May ** **** ***** *********.]

** ***** ** ****** **************, **** ** * ******* ** over $* ******* - * ******* ****** ***** *** ***********.

** ** **** ** ****** *** *** ***** ***** ********* to ** ****:

  • **** **** ********, ********* *** ****** ******* (*.*., **** ********) and **** **** **** **** *** ***** **********
  • ***** **** ********, ****-******** ********* *** ******* ******** **** *** company (*.*., *** ***** *****) *** *** ******* ****

Ubiquiti's ******

******** ******* ** ****** ****** ** *** ******** ************ ********* *** *** ********* ** ****** *** ************** *******. *******, ** *** ************** *******, ******* *********** *** ******** stock ***** ********, ** **** ********** ****** *********** ******** *** the ******* **** ***** **** ***** ******* *********** *** ****** growth. ***** *** ***** ** * ************* ******** ***** *** *********** ** ********* ********, **** ********* ** ***. ******** ***** to ******* ** ****.

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