LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC announces that it is investigating claims of potential misrepresentations by Aerohive Networks, Inc. (“Aerohive” or the “Company”) (NYSE: HIVE). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors in connection with its March 27, 2014 initial public offering (“IPO”).
If you purchased or otherwise acquired Aerohive shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
Aerohive develops cloud-managed networking platforms that allow businesses to deploy a mobile-centric network edge. The investigation concerns whether Aerohive made false and/or misleading statements on their Form S-1 Registration Statement with the Securities and Exchange Commission that was subsequently used for their IPO. Specifically, Aerohive is being investigated to determine whether the Company misled the investing public regarding their future revenues, profits and sales capacity.
On October 13, 2014, shares of Aerohive tumbled more than 32% on high volume as a result of disappointing financial results.
If you have any questions concerning your legal rights in this case, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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