EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Oclaro, Inc. – OCLR
OCLARO (OCLR)
Last oclaro earnings: 11/8 04:05 pm
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US:NASDAQ Investor Relations:
investor.oclaro.com/investor-relations
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Oclaro, Inc. (NASDAQ:OCLR) resulting from allegations that Oclaro may have issued materially misleading business information to the investing public. On April 16, 2018, Reuters reported that the U.S. Department of Commerce has banned American companies, including Oclaro, from selling components to Chinese telecom equipment maker ZTE Corporation for seven years after ZTE violated the terms of an agreement relating to a U.S. sanctions violation case. On this news, shares of Oclaro fell $1.43 per share or over 15% to close at $7.99 per share on April 16, 2018. Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Oclaro investors. If you purchased shares of Oclaro please visit the firm’s website at http://www.
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