NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Kulicke and Soffa Industries, Inc. (“Kulicke and Soffa” or “the Company”) (NASDAQGS:KLIC) concerning possible violations of federal securities laws.
On May 10, 2018, Kulicke and Soffa issued a press release disclosing it will not file its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission in a timely manner. The Company stated it had “learned of certain unauthorized transactions by a senior finance employee of the Company” and has begun an investigation with the assistance of outside advisors. Kulicke and Soffa has also discovered “that certain warranty accruals in prior periods had been accounted for incorrectly and therefore misstated.” To obtain additional information, go to:
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