SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against A10 Networks, Inc. & Enc...
12 July 2018 - 5:56AM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against A10
Networks, Inc. (“A10 Networks” or ''the Company'') (NYSE: ATEN) for
violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities
and Exchange Commission.
Investors who purchased the Company's shares between February 9,
2016 and January 30, 2018, inclusive (the ''Class Period''), are
encouraged to contact the firm before the extended deadline of July
27, 2018.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the Complaint, the Company issued false and
misleading statements. A10 Networks had problems with its internal
controls that required an Audit Committee investigation. The
Company’s revenues since the fourth quarter of 2015 were false due
to improper revenue recognition which prompted an investigation.
Based on these facts, A10 Network’s public statements were
materially false and misleading at all relevant times. When the
truth was revealed to the market, the share price dropped, causing
shareholders harm. The deadline to move for lead plaintiff was
extended from May 21, 2018, to a revised lead plaintiff deadline of
July 27, 2018.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180711005828/en/
The Schall Law FirmBrian Schall, Esq.,Sherin Mahdavian,
Esq.,www.schallfirm.com310-301-3335info@schallfirm.com
A10 Networks (NYSE:ATEN)
Historical Stock Chart
From Apr 2024 to May 2024
A10 Networks (NYSE:ATEN)
Historical Stock Chart
From May 2023 to May 2024