Applied Optoelectronics, Inc. (AAOI) Loss Submission Form
Levi & Korsinsky announces the commencement of a class action lawsuit in the United States District Court for the Southern District of Texas on behalf of shareholders of Applied Optoelectronics, Inc. (NASDAQ : AAOI) who purchased shares between July 13, 2017 and August 3, 2017.
The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) a major customer was reducing its purchases of the Company’s 40G receivers; (2) the loss of this major customer’s business would have a severe negative impact on the Company’s financial performance; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in Applied Optoelectronics, Inc. you have until October 4, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.To receive more information, please fill out the form.