San Diego, CA -- 02/13/2018 -- An investigation was announced for investors of A10 Networks Inc concerning potential securities laws violations by A10 Networks in connection with certain financial statements.
The investigation by a law firm focuses on whether certain statements by A10 Networks Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On January 16, 2018, A10 Networks Inc announced its preliminary results for the fourth quarter of 2017. Lee Chen, President and CEO, stated: "We are disappointed with our revenue results for the quarter, which were below our guidance primarily due to a shortfall in North America sales as we experienced lower than expected seasonal demand trends in the region."
Then on January 30, 2018, A10 Networks Inc announced it was postponing its 2017 fourth quarter and full year earnings announcement and conference call after determining that a "mid-level employee within its finance department had violated the Company's Insider Trading Policy and Code of Conduct."
Those who purchased shares of A10 Networks Inc (NYSE:ATEN) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego