Ubiquiti Networks -21% on SEC subpoena news [Seeking Alpha]
UBIQUITI NETWORKS (UBNT)
Last ubiquiti networks earnings: 5/10 08:05 am
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US:NASDAQ Investor Relations:
ir.ubnt.com/node/668
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Source: Seeking Alpha
Ubiquiti Networks -21% on SEC subpoena newsUbiquiti Networks (NASDAQ:UBNT)discloses that the SEC issued subpoenas to the company and some of the officers requesting documents and information.The subpoenas relate to a range of topics including “accounting practices, financial information, auditors, international trade practices, and relationships with distributors and various other third parties.”Ubiquiti says it’s in the process of responding and intends to cooperate fully.Ubiquiti shares aredown 21% premarket.See all stocks on the move »Now read:Ubiquiti: Dinged By Its Own Business Model »
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