BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of A10 Networks, Inc. (“A10” or the “Company”) (NYSE: ATEN) investors concerning the Company and its officers’ possible violations of federal securities laws.
On January 16, 2018, A10 announced that it expected fourth quarter 2017 revenue to be between $55.5 million and $56.0 million, which was below its prior guidance of $64.0 million to $67.0 million. On this news, A10’s stock price fell nearly 14%, thereby injuring investors.
Then, on January 30, 2018, A10 disclosed that the Company’s Audit Committee was investigating the Company’s revenue recognition practices from the fourth quarter of 2015 through the fourth quarter of 2017, inclusive. On this news, A10’s stock price fell nearly 12% on January 31, 2018, thereby further injuring investors.
If you purchased A10 securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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