SAN DIEGO, April 17, 2019 /PRNewswire/ -- Shareholder Rights
Law Firm Johnson Fistel, LLP is investigating potential claims
against the following companies:
LogMeIn, Inc. (NASDAQ: LOGM) [click here to join this
action]
Stamps.com Inc. (NASDAQ: STMP) [click here
to join this action]
Applied Optoelectronics,
Inc. (NASDAQ: AAOI) [click here to join this
action]
LogMeIn, Inc. (LOGM)
Shareholder Rights Law Firm
Johnson Fistel, LLP is investigating potential violations of
federal and state laws by LogMeIn, Inc. ('' LogMeIn'') (NASDAQ:
LOGM) and certain of its officers.
Last year a securities class action lawsuit was filed on behalf
of purchasers of the securities of LogMeIn from March 1, 2017 through July
26, 2018, (the "Class Period"). According to the lawsuit,
defendants made false and/or misleading statements and/or failed to
disclose that: (1) LogMeIn's business practices had negatively
impacted renewal rates for certain of its services; and (2) as a
result, defendants' public statements were materially false and
misleading at all relevant times. When the true details entered the
market, the lawsuit claims that investors suffered damages.
If you are a long-term shareholder of LogMeIn
continuously holding shares before March 1, 2017, you may have standing to hold
LogMeIn harmless from the alleged harm caused by the officers and
directors of the Company by making them personally responsible. You
may also be able to assist in reforming the Company's corporate
governance to prevent future wrongdoing.
If you are interested in learning more about your legal
rights and remedies, please contact Jim
Baker (jimb@johnsonfistel.com) at 619-814-4471. If you
email, please include your phone number.
Additionally, you can [click here to join this action]. There
is no cost or obligation to you.
Stamps.com Inc. (STMP)
Shareholder Rights Law Firm Johnson Fistel, LLP is investigating
potential violations of federal and state laws by Stamps.com Inc.
("Stamps.com") (NASDAQ: STMP) and certain of its
officers.
A securities class action lawsuit was filed on behalf of
purchasers of the securities of Stamps.com from May 3, 2017, and February
21, 2019, (the "Class Period"). The complaint alleges that
throughout the Class Period, Defendants made materially false
and/or misleading statements, as well as failed to disclose
material adverse facts about the Company's business, operations,
and prospects. Specifically, Defendants made false and/or
misleading statements and/or failed to disclose that: (i) the
Company's financial results depended on the manipulation of a USPS
reseller program that cost USPS an estimated $235 million per year; and (ii) as a result, the
Company's business was unsustainable, and its financial results
were highly misleading.
If you are a long-term shareholder of
Stamps.com continuously holding shares before
May 3, 2017, you may have
standing to hold Stamps.com harmless from the alleged harm caused
by the officers and directors of the Company by making them
personally responsible. You may also be able to assist in reforming
the Company's corporate governance to prevent future
wrongdoing.
If you are interested in learning more about your legal
rights and remedies, please contact Jim
Baker (jimb@johnsonfistel.com) at 619-814-4471. If you
email, please include your phone number.
Additionally, you can [click here to join this action]. There
is no cost or obligation to you.
Applied Optoelectronics, Inc. (AAOI)
Shareholder Rights Law Firm Johnson Fistel, LLP is investigating
potential violations of federal and state laws by Applied
Optoelectronics, Inc. (NASDAQ: AAOI) ("Applied
Optoelectronics") and certain of its officers.
A securities class action lawsuit was filed on behalf of
purchasers of the securities of Applied Optoelectronics from
July 13, 2017 through August 3, 2017, (the "Class Period"). The
complaint alleges that throughout the Class Period, Defendants
made false and misleading statements and failed to disclose that:
(1) a major customer was reducing its purchases of Applied
Optoelectronics'40G receivers; (2) the loss of this major
customer's business would have a severe negative impact on Applied
Optoelectronics' financial performance; and (3) as a consequence,
Applied Optoelectronics' public statements were materially false
and misleading at all relevant times. When the true details
entered the market, the lawsuit claims that investors suffered
damages.
If you are a long-term shareholder of Applied
Optoelectronics continuously holding shares before July 13, 2017, you may have standing to hold
Applied Optoelectronics harmless from the alleged harm caused by
the officers and directors of the Company by making them personally
responsible. You may also be able to assist in reforming the
Company's corporate governance to prevent future wrongdoing.
If you are interested in learning more about your legal
rights and remedies, please contact Jim
Baker (jimb@johnsonfistel.com) at 619-814-4471. If you
email, please include your phone number.
Additionally, you can [click here to join this action]. There
is no cost or obligation to you.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York, and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
View original
content:http://www.prnewswire.com/news-releases/johnson-fistel-llp-announces-investigations-of-logmein-inc-stampscom-inc-and-applied-optoelectronics-inc-long-term-investors-encouraged-to-contact-firm-300833816.html
SOURCE Johnson Fistel, LLP