KLIC INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Kulicke and Soffa Industries, Inc. Investors

BENSALEM, Pa.--()--Law Offices of Howard G. Smith continues its investigation on behalf of Kulicke and Soffa Industries, Inc. (“Kulicke and Soffa” or the “Company”) (NASDAQ: KLIC) investors concerning the Company and its officers’ possible violations of federal securities laws.

On May 10, 2018, after the market closed, the Company disclosed that it would be “unable to file its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2018” on time. The Company further disclosed that it was conducting an internal investigation related to unauthorized transactions by a “senior finance employee” and that “in the course of this investigation, the Company discovered that certain warranty accruals in prior periods were accounted for incorrectly and therefore misstated.”

On this news, the Company’s share price fell more than 8% during intraday trading on May 11, 2018, thereby injuring investors.

If you purchased Kulicke and Soffa 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 howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

Release Summary

KLIC INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Kulicke and Soffa Industries, Inc. Investors

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Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com