04.08.2017 19:12:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Applied Optoelectronics, Inc. (AAOI)
NEW YORK, Aug. 4, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Applied Optoelectronics, Inc. ("Applied Optoelectronics" or the "Company") (NASDAQ: AAOI). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/aaoi.
The investigation concerns whether Applied Optoelectronics and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On August 3, 2017 after-market hours, Applied Optoelectronics revealed that it expected its third quarter revenue to be in the $107 to $115 million range due to the loss of one if its large customers, significantly missing projections. Following this news, Applied Optoelectronics stock dropped during intraday trading on August 4, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Applied Optoelectronics, you can assist this investigation by visiting the firm's site: www.bgandg.com/aaoi. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC
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