NEW YORK, Sept. 15, 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 that a class action
lawsuit has been filed in the U.S. District Court for the
Southern District of Massachusetts
against Acacia Communications, Inc. (NasdaqGS: ACIA)("Acacia" or
the "Company") on behalf of purchasers of the Company's
securities between Aug. 11,
2016 and July 13, 2017,
inclusive (the "Class Period").
The lawsuit is based on the Company issuing materially false and
misleading statements and/or failing to disclose that: (i) the
Company's manufacturing and quality control processes were
deficient; (ii) the foregoing deficiencies were likely to disrupt
the Company's manufacturing, thereby impacting the Company's
revenues; and (iii) as a result of the foregoing, Acacia
Communications' public statements were materially false and
misleading at all relevant times.
Mr. Monteverde would like to personally discuss with you how
to potentially recover your monetary losses, if incurred during the
Class Period.
If you wish to serve as lead plaintiff, you must move the Court
no later than October 13,
2017. Any member of the putative class may move
the Court to serve as lead plaintiff through counsel of their
choice, or may choose to do nothing and remain an absent class
member.
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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SOURCE Monteverde & Associates PC