An investigation for investors in NeoPhotonics Corp (NYSE:NPTN) shares over potential securities laws violations by NeoPhotonics was announced and NYSE:NPTN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 01/05/2017 -- An investigation on behalf of investors in NYSE:NPTN shares was announced concerning potential securities laws violations by NeoPhotonics in connection certain financial statements.
Investors who purchased shares of NeoPhotonics Corp (NYSE:NPTN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of NeoPhotonics Corp (NYSE:NPTN) concerning whether certain statements by NeoPhotonics Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 19, 2016, NeoPhotonics Corp announced that it executed an agreement, to sell its Access and Low Speed transceiver product lines to APAT Optoelectronics Components Co., Ltd. ("APAT OE") of Shenzhen, China, a designer and manufacturer of optical sub-assemblies for telecom and datacom markets.
On January 3, 2017, NYSE:NPTN shares closed at $10.89 per share.
Those who purchased shares of NeoPhotonics Corp have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com