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Stock impact report

Bragar Eagel & Squire, P.C. is Investigating ADTRAN, Inc. (NASDAQ: ADTN) on Behalf of Stockholders and Encourages ADTRAN Investors to Contact the Firm

ADTRAN Holdings, Inc. (ADTN) 
Last adtran holdings, inc. earnings: 2/5 08:05 pm Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against ADTRAN, Inc. (NASDAQ: ADTN) on behalf of ADTRAN investors. Our investigation concerns whether ADTRAN has violated the federal securities laws and/or engaged in other unlawful business practices.Click here to participate in the action.On July 17, 2019, ADTRAN announced “preliminary” earnings for the second quarter of 2019 due to the company’s assessment of its current and previously reported E&O reserves. On this news, the price of ADTRAN declined by 23%, to close at $12.13 on July 18, 2019.Then, on August 12, 2019, ADTRAN disclosed its inability to timely file its quarterly financial report with the SEC, admitting to material weaknesses in its internal controls, resulting in a misstatement of the Company’s previously reported E&O reserves.If you purchased or otherwise acquired ADTRAN shares, have information, would like to learn more about these claims, or have any questions concerning Show less Read more
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