06.02.2018 18:16:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of A10 Networks, Inc. (ATEN)
NEW YORK, Feb. 6, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of A10 Networks, Inc. (ATEN) ("A10" or the "Company") (NYSE: ATEN). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/aten.
The investigation concerns whether A10 and certain of its officers and/or directors have violated Federal Securities Laws.
On January 16, 2018, A10 Networks revealed that it expected its fourth quarter 2017 revenue to be between $55.5 million and $56 million, wlower than its previous guidance of $64 million to $67 million. Following this news, A10 stock dropped $0.99 per share or over 13% to close at $6.32 per share on January 17, 2018. Then, on January 30, 2018, A10 revealed that its Audit Committee was investigating its revenue recognition practices from the fourth quarter of 2015 through the fourth quarter of 2017. Following this news, A10 stock dropped $0.86 per share or over 12% to close at $6.13 per share on January 31, 2018.
If you are aware of any facts relating to this investigation, or purchased A10 shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/aten. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC
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