Energy News / Shareholders Foundation, Inc.

NASDAQ:ACIA Shareholder Notice: Lawsuit Alleges Misleading Statements by Acacia Communications, Inc

Via: ReleaseWire

Updated 12:15 PM CDT, Tue, September 05,2017

A lawsuit was filed on behalf of investors in Acacia Communications, Inc. (NASDAQ:ACIA) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 09/05/2017 -- The Shareholders Foundation announces that an investor, who purchased shares of Acacia Communications, Inc. (NASDAQ:ACIA), filed a lawsuit over alleged violations of Federal Securities Laws by Acacia Communications.

Investors who purchased shares of Acacia Communications, Inc. (NASDAQ:ACIA) have certain options and for certain investors are short and strict deadlines running. Deadline: October 13, 2017. NASDAQ:ACIA investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Acacia Communications, Inc. (NASDAQ:ACIA) common shares between August 11, 2016, and July 13, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 11, 2016, and July 13, 2017, the Defendants made false and/or misleading statements and/or failed to disclose that the Company's manufacturing and quality control processes were deficient, that the foregoing deficiencies were likely to disrupt the Company's manufacturing, thereby impacting the Company's revenues, and that as a result of the foregoing, Acacia's public statements were materially false and misleading at all relevant times

Those who purchased shares of Acacia Communications, Inc. (NASDAQ:ACIA) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqacia-shareholder-notice-lawsuit-alleges-misleading-statements-by-acacia-communications-inc-858934.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com