A lawsuit was filed on behalf of investors in Applied Optoelectronics Inc (NASDAQ:AAOI) shares over alleged securities laws violations.

San Diego, CA -- (SBWire) -- 08/22/2017 --An investor in NASDAQ:AAOI shares filed a lawsuit against Applied Optoelectronics Inc over alleged Securities Laws violations in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Applied Optoelectronics Inc (NASDAQ:AAOI) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff claims that between July 13, 2017 through August 3, 2017, the defendants made false and/or misleading statements and/or failed to disclose that a major customer was reducing its purchases of the Company's 40G receivers, that the loss of this major customer's business would have a severe negative impact on the Company's financial performance, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Applied Optoelectronics Inc (NASDAQ:AAOI) 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