EQUITY ALERT: The Rosen Law Firm Announces Investigation of Securities Fraud Claims Against Fabrinet – FN
NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, P.A. announces that it is investigating potential securities fraud claims against Fabrinet (NYSE: FN), a provider of foundry services to optics original equipment manufacturers.
On August 18, 2014, Fabrinet announced that its management discovered certain accounting issues during the fourth quarter of the fiscal year ended June 27, 2014. As a result of this discovery, Fabrinet’s Audit Committee started an internal investigation to determine whether these accounting issues violated its accounting policies. Consequently, Fabrinet also postponed its fourth quarter and fiscal year 2014 earnings release and conference call scheduled for August 18, 2014. On this news, the price of Fabrinet shares fell sharply in intraday trading on August 18, 2014, damaging investors.
The Rosen Law Firm is preparing a class action lawsuit on behalf of Fabrinet investors. If you purchased Fabrinet securities prior to August 18, 2014, you may visit the website at http://rosenlegal.com/cases-334.html to join the action. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The 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.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827