Robbins Arroyo LLP Is Investigating the Officers and Directors of Aceto Corporation (ACET)
Adicet Bio, Inc. (ACET)
Last adicet bio, inc. earnings: 5/3 05:00 pm
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US:NASDAQ Investor Relations:
aceto.com/ir/index.html
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Source: Business Wire
SAN DIEGO & PORT WASHINGTON, N.Y.--(BUSINESS WIRE)-- Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Aceto Corporation (NasdaqGS: ACET) breached their fiduciary duties to shareholders. Aceto announced on April 18, 2018, that it is negotiating with its lenders for a waiver of its credit agreement regarding certain of its financial covenants due to adverse conditions in the generics market. Aceto also stated that the financial guidance issued on February 1, 2018, should no longer be relied upon and that the company anticipates a non-cash intangible asset impairment charge of $230 million to $260 million. The board further anticipated a significant reduction in the company's dividend going forward, causing the company's stock to plummet over 66%, closing at $2.51 per share on April 20, 2018. Aceto, together with its subsidiaries, sources, markets, sells, and dist
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News
- Adicet Bio (ACET) Loses -16.39% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner [Yahoo! Finance]Yahoo! Finance
- Adicet Bio, Inc. (NASDAQ: ACET) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Are Investors Undervaluing Adicet Bio, Inc. (NASDAQ:ACET) By 41%? [Yahoo! Finance]Yahoo! Finance
- Adicet Bio, Inc. (NASDAQ: ACET) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $10.00 price target on the stock.MarketBeat
- Adicet Bio, Inc. (NASDAQ: ACET) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $5.00 price target on the stock.MarketBeat
ACET
Earnings
- 3/19/24 - Beat
ACET
Sec Filings
- 3/22/24 - Form 8-K
- 3/22/24 - Form 424B5
- 3/21/24 - Form SC
- ACET's page on the SEC website