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Stock impact report

Shareholder Alert: Robbins LLP Announces It Is Investigating ADTRAN, Inc. (ADTN)

ADTRAN, Inc (ADTN)  More Company Research Source: Business Wire
Last adtran, inc earnings: 2/5 08:05 pm Check Earnings Report
PDF SAN DIEGO & HUNTSVILLE, Ala.--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP announces it is investigating ADTRAN, Inc. (NASDAQ: ADTN) for alleged violations of the Securities Exchange Act of 1934 and whether Company officers and directors breached their fiduciary duties to shareholders. ADTRAN is a networking and communications company that provides services which enable voice, data, video, and internet communications across a variety of network infrastructures.If you suffered a loss as a result of ADTRAN's misconduct, click here.ADTRAN, Inc. (ADTN) Misled Shareholders On August 12, 2019, ADTRAN disclosed that it was unable to timely file its quarterly financial report with the SEC due to a material weakness in the Company's internal control that resulted in a misstatement of its excess and obsolete inventory reserves. Despite touting its ability to maintain sufficient inventory levels, on October 9, 2019, ADTRAN announced that its revenue had been "significantly impact [Read more]
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