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 2017-07-13 and 2017-08-03.
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 2017-10-04 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.