INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims Against ADTRAN, Inc.
Last adtran, inc earnings: 2/5 08:05 pm
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US:NASDAQ Investor Relations: portal.adtran.com/web/page/portal/adtran/wp_investorrelations_landing
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against ADTRAN, Inc. (“ADTRAN” or the “Company”) (NASDAQ: ADTN). This investigation concerns whether ADTRAN has violated federal securities laws and/or engaged in other unlawful business practices.On July 17, 2019, ADTRAN announced “preliminary” earnings for the second quarter of 2019 due to the Company’s assessment of its current and previously reported E&O reserves. On this news, the Company’s share price fell $3.69 per share, or 23.3%, to close at $12.13 on July 18, 2019.On August 12, 2019, ADTRAN disclosed its inability to timely file its quarterly financial report with the SEC, admitting to material weaknesses in its internal controls, resulting in a misstatement of the Company’s previously reported E&O reserves.If you acquired ADTRAN securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600,
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- ADTRAN, Inc. (<a href="https://www.marketbeat.com/stocks/NASDAQ/ADTN/price-target/">NASDAQ: ADTN</a>) had its price target raised by analysts at Jefferies Financial Group Inc. from $20.50 to $26.00.MarketBeat
- ADTRAN Appoints Industry Veteran Todd Gandy to Expand Focus on Federal AgenciesBusiness Wire
- ADTRAN Streamlines Rural Broadband Delivery with New Remote Fiber Access SolutionBusiness Wire
- ADTRAN Joins BUGLAS and Lends Fibre Expertise to German AltnetsBusiness Wire
- ADTRAN Helps TruVista Future-Proof Fiber Broadband in South CarolinaBusiness Wire
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ADTN
SEC Filings
- 3/30/21 - Form DEFA14A
- 3/30/21 - Form DEF
- 3/8/21 - Form 4/A
- ADTN's page on the SEC website
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