An investigation on behalf of investors in NASDAQ:HLIT shares over potential wrongdoing at Harmonic Inc was announced and NASDAQ:HLIT stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 05/19/2017 --An investigation for investors in shares of Harmonic Inc (NASDAQ:HLIT) was announced concerning possible breaches of fiduciary duties by certain officers and directors at Harmonic Inc.

Investors who purchased shares of Harmonic Inc (NASDAQ:HLIT) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Harmonic Inc officers and directors breached their fiduciary duties.

Harmonic Inc reported that its annual Total Revenue rose from $377.03 million in 2015 to $405.91 million in 2016 and that its Net Loss increased from $15.66 million in2 105 to $72.31 million in 2016.

Shares of Harmonic Inc (NASDAQ:HLIT) grew from $2.62 per share in May 2016 to as high as $6.10 per ahare on March 6, 2017.

On May 18, 2017, NASDAQ:HLIT shares closed at $4.95 per share.

Those who purchased shares of Harmonic Inc 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