|Company name||Casa Systems, Inc.|
NEW YORK, August 26, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against Casa Systems, Inc. (NYSE: CASA) on behalf of Casa Systems stockholders. Our investigation concerns potential violations of federal securities laws pursuant to the company’s December 2017 initial public offering (“IPO).
On August 14, 2018, Casa Systems announced disappointing financial results and cut its revenue guidance for the year by $50 million. On this news, Casa Systems stock declined from $15.60 to $12.08, a drop of almost 23%. Since then, Casa Systems has continued to have disappointing financial results and the stock trades at just $6.59, a decline of 49% from its IPO price.
If you purchased or otherwise acquired Casa Systems shares, 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 Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.