IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces an Investigation of NeoPhotonics Corp. & Encourages Investors to Con...
December 22 2016 - 5:15AM
Business Wire
Khang & Khang LLP (the “Firm”) announces that it is
investigating claims against NeoPhotonics Corporation
(“NeoPhotonics” or the “Company”) (NYSE: NPTN) concerning possible
violations of federal securities laws.
If you purchased shares of NeoPhotonics and want more
information free of charge, please contact Joon M. Khang, Esquire,
of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine,
CA 92612, by telephone: (949) 419-3834, or by e-mail at
joon@khanglaw.com.
According to the Complaint, NeoPhotonics revealed the
divestiture of its low-speed transceiver business on December 19,
2016. The Company then changed its evaluation of fourth-quarter
earnings from $0.03 to $0.11 per share on revenue of $105 million
to $109 million, stating the change was an outcome of late
shipments from a NeoPhotonic factory. When this news was released
to the public, NeoPhotonics stock dropped as much as 19.14%,
causing investors harm.
If you have any questions concerning this notice or your rights,
please contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by e-mail at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20161222005240/en/
Khang & Khang LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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