An investigation on behalf of current long term investors in A10 Networks Inc (NYSE:ATEN) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 09/17/2018 -- An investigation was announced for investors in shares of A10 Networks Inc (NYSE:ATEN) concerning potential breaches of fiduciary duties by certain directors of A10 Networks Inc.
Investors who are current long term investors in A10 Networks Inc (NYSE:ATEN) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NYSE:ATEN stocks follows a lawsuit filed against A10 Networks Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:ATEN stocks, concerns whether certain A10 Networks Inc (NYSE:ATEN officers and directors are liable in connection with the allegations made in that lawsuit.
The plaintiff claims that between February 9, 2016 and January 30, 2018 the defendants made false and/or misleading statements and/or failed to disclose that A10 Networks had issues with its internal controls that required an Audit Committee investigation, that A10 Networks' revenues since the fourth quarter of 2015 were false due to improper revenue recognition which prompted an investigation by the Company's Audit Committee, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.
Those who purchased shares of A10 Networks Inc (NYSE:ATEN) 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
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.