SAN DIEGO & FREMONT, Calif.--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Quantenna Communications, Inc. (NasdaqGS: QTNA) breached their fiduciary duties to shareholders. On November 6, 2017, Quantenna disclosed that it expected "a delay in the deployment of a key service provider program coupled with near-term softness at one other service provider customer." On this news, Quantenna's stock fell $4.82 per share, or 32.41%, to close at $10.05 per share on November 7, 2017. Quantenna designs, develops, and markets wireless communication solutions enabling wireless local area networking for the telecommunications service provider market in the United States and internationally.
View this press release on the firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/quantenna-communications-inc
Quantenna Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.
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