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NPTN NeoPhotonics Corporation

16.01
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
NeoPhotonics Corporation NYSE:NPTN NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 16.01 0 01:00:00

IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces an Investigation of NeoPhotonics Corp. & Encourages Investors to Con...

22/12/2016 10:15am

Business Wire


NeoPhotonics (NYSE:NPTN)
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From May 2019 to May 2024

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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.

Khang & Khang LLPJoon M. Khang, Esq.Telephone: 949-419-3834Facsimile: 949-225-4474joon@khanglaw.com

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