NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong notifies investors of an investigation concerning whether Aceto Corporation (“Aceto” or the “Company”) (NASDAQGS: ACET) violated federal securities laws.
Click here to learn about the case: http://docs.wongesq.com/ACET-Info-Request-Form-1887. There is no cost or obligation to you.
On April 18, 2018, Aceto issued a press release announcing that “the financial guidance issued on February 1, 2018, should no longer be relied upon.” The Company also announced that it anticipated recording “non-cash intangible asset impairment charges, including goodwill, in the range of $230 million to $260 million on certain currently marketed and pipeline generic products as a result of continued intense competitive and pricing pressures.” Following this news, shares of Aceto fell from a close of $7.40 on April 18, 2018, to a close of $2.66 on April 19, 2018.
To learn more about the investigation of Aceto contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/ACET-Info-Request-Form-1887.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.