Lawsuit for Investors in Acacia Communications, Inc. (NASDAQ: ACIA) Shares Announced by Shareholders Foundation
SAN DIEGO, CA, January 17, 2018 (Newswire.com) - The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain purchasers of Acacia Communications, Inc. (NASDAQ: ACIA) shares against Acacia Communications, Inc over alleged violations of Securities Laws.
Investors, who purchased shares of Acacia Communications, Inc. (NASDAQ: ACIA) in September 2016 or earlier and continue to hold any of those NASDAQ: ACIA shares, have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.
On August 14, 2017, a lawsuit was filed against Acacia Communications, Inc. over alleged securities laws violations. The plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that the Company's manufacturing and quality control processes were deficient, that the foregoing deficiencies were likely to disrupt the Company's manufacturing, thereby impacting the Company's revenues, and that as a result of the foregoing, Acacia's public statements were materially false and misleading at all relevant times.
Those who purchased Acacia Communications, Inc. (NASDAQ: ACIA) shares should contact the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
SOURCE: Shareholders Foundation, Inc.
Source: Shareholders Foundation, Inc.
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