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Stock impact report

Glancy Prongay & Murray LLP Announces Investigation on Behalf of ADTRAN, Inc. Investors

ADTRAN, Inc (ADTN)  More Company Research Source: Business Wire
Last adtran, inc earnings: 2/5 08:05 pm Check Earnings Report
PDF LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of ADTRAN, Inc. (“ADTRAN” or the “Company”) (NASDAQ: ADTN) investors concerning the Company and its officers’ possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.On July 17, 2019, the Company announced “preliminary” earnings for second quarter 2019 due to its ongoing assessment of the reasonableness of its current and previously reported excess and obsolete inventory reserves (“E&O reserves”).On this news, the Company’s share price fell $3.69 per share, over 23%, to close at $12.13 per sha [Read more]
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