NEW YORK, July 25, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities firm headquartered at the
Empire State Building in New York
City announces it is investigating Acacia Communications,
Inc. (NasdaqGS:ACIA)("Acacia" or the "Company") for possible
violations of federal securities laws.
The investigation is based on whether Acacia and its executives
violated federal securities law by misleading investors by making
false and/or misleading statements regarding the Company's
business, operational and compliance policies.
On May 31, 2017, the Company
announced that it identified a quality issue affecting a fraction
of certain units manufactured "by one of its three contract
manufacturers over an approximate four month period." Acacia cited
a circuit board cleaning process as the main cause of this issue
and the process was eliminated. On July 14,
2017, the Company disclosed that its second quarter results
were adversely affected by the quality issue announced on
May 31. Following this news, Acacia's
stock price dropped.
Mr. Monteverde would like to personally discuss with you how
to potentially recover your monetary losses.
Click here for more information:
http://monteverdelaw.com/securities/. It is free
and there is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm committed that has
recovered millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. Prior results do not guarantee a similar outcome with
respect to any future matter.
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