IRVINE, Calif.--(EON: Enhanced Online News)--Khang & Khang LLP (the “Firm”) announces that it is investigating claims against NeoPhotonics Corporation (“NeoPhotonics” or the “Company”) (NYSE: NPTN) concerning possible violations of federal securities laws.
If you purchased shares of NeoPhotonics and want more information free of charge, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at email@example.com.
According to the Complaint, NeoPhotonics revealed the divestiture of its low-speed transceiver business on December 19, 2016. The Company then changed its evaluation of fourth-quarter earnings from $0.03 to $0.11 per share on revenue of $105 million to $109 million, stating the change was an outcome of late shipments from a NeoPhotonic factory. When this news was released to the public, NeoPhotonics stock dropped as much as 19.14%, causing investors harm.
If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at firstname.lastname@example.org.
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