ARLO 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors with Losses in Excess of $100,000 o...
25 March 2019 - 1:50PM
Business Wire
ClaimsFiler, a FREE shareholder information service, reminds
investors that they have only until March 25, 2019 to file
lead plaintiff applications in a securities class action lawsuit
against Arlo Technologies, Inc. (NYSE: ARLO). Investor losses must
relate to purchases of the Company’s shares issued in connection
with its August 3, 2018 initial public offering (“IPO”). This
action is pending in the United States District Court for the
Northern District of California.
Get Help
Arlo investors should visit us at
https://www.claimsfiler.com/cases/view-arlo-technologies-inc-securities-litigation
or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti,
LLC are available to discuss your legal options.
About the Lawsuit
On December 3, 2018, the Company disclosed that shipments of
Arlo Ultra, its recently-announced flagship security camera system,
were delayed due to “a quality issue with the battery from one of
its suppliers” discovered during the final testing phase, and that
as a result it lowered its Q4 2018 financial guidance. On this
news, the price of Arlo’s shares plummeted.
The case is Wong v. Arlo Technologies, Inc. et al,
19-cv-00372.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190324005013/en/
ClaimsFilerLewis Kahn,
844-367-9658https://www.claimsfiler.com
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