LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Acacia Communications, Inc. (“Acacia” or the “Company”) (Nasdaq: ACIA) concerning possible violations of federal securities laws.
To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at firstname.lastname@example.org.
On May 31, 2017, Acacia announced that it identified a quality issue affecting a fraction of certain units manufactured “by one of its three contract manufacturers over an approximate four month period.” Acacia cited a circuit board cleaning process as the main cause of this issue and the process was eliminated. On July 14, 2017, the Company disclosed that its second quarter results were adversely affected by the quality issue announced on May 31.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.