3070 Bristol Pike, Suite 112, Bensalem, PA 19020
Call Us: (215) 638-4847 |
Fax: (215) 638-4867
This investigation is for anyone who acquired securities in A10 Networks, Inc. (NYSE: ATEN) prior to October 3, 2023.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors of softening consumer demand for the Company’s software products.
On October 3, 2023, A10 published a press release reporting its preliminary financial results for the third quarter of 2023. Therein, the Company disclosed that it “experienced delays related to North American service provider customers pushing out capital expenditures” and that deals the Company “expected to close at the end of the quarter were delayed into future periods.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in A10 Networks, Inc. (NYSE: ATEN) prior to October 3, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
Copyright © 2024 The Law Offices of Howard G. Smith. All Rights Reserved.