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A10 Networks, Inc. (ATEN)

Securities Class Action

Overview
  • Date:
  • 7/10/2018
  • Company Name:
  • 01/30/2018
  • Stock Symbol:
  • ATEN
  • Class Period:
  • FROM 2/9/2016 TO 2/9/2016
  • Status:
  • Closed/Complete

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NEW YORK, July 10, 2018 – Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired A10 Networks, Inc. (NYSE: ATEN) securities between February 9, 2016 and January 30, 2018 (the “Class Period”).  Investors have until July 27, 2018 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) A10 Networks had issues with its internal controls that required an Audit Committee investigation; (2) A10 Networks’ revenues since the fourth quarter of 2015 were false due to improper revenue recognition which prompted an investigation by the Company's Audit Committee; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

If you purchased or otherwise acquired A10 securities and suffered a loss, continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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