Cases
Applied Optoelectronics, Inc. (NASDAQ: AAOI)
Securities Class Action
Overview
Overview
- Date:
- 8/8/2017
- Company Name:
- Applied Optoelectronics, Inc.
- Stock Symbol:
- AAOI
- Class Period:
- FROM 7/13/2017 TO 8/3/2017
- Status:
- Closed/Complete
- Court:
- U.S. District Court: Southern District of Texas
NEW YORK, August 8, 2017 – Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Texas on behalf of all persons or entities who purchased or otherwise acquired Applied Optoelectronics, Inc. (NASDAQ: AAOI) securities between July 13, 2017 and August 3, 2017 (the “Class Period”). Investors have until October 4, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
On August 3, 2017 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 fell more than 31% during intraday trading on August 4, 2017.
If you purchased or otherwise acquired Applied Optoelectronics securities during the Class Period or 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.
On August 3, 2017 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 fell more than 31% during intraday trading on August 4, 2017.
If you purchased or otherwise acquired Applied Optoelectronics securities during the Class Period or 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.