NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Applied Optoelectronics, Inc. (NASDAQ:AAOI) resulting from allegations that Applied Optoelectronics may have issued materially misleading business information to the investing public.
On August 3, 2017, Applied Optoelectronics revealed during after-hours trading that it expected its revenue for the third quarter in the range of $107 to $115 million due to the slowdown in purchasing by one of its large customers, missing expectations by a wide margin. On this news, shares of Applied Optoelectronics fell sharply during intraday trading on August 4, 2017, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Applied Optoelectronics investors. If you purchased shares of Applied Optoelectronics on or before August 3, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1182.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
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