NEW ORLEANS, Feb. 6, 2015 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors of the filing of a securities class action lawsuit against A10 Networks, Inc. (NYSE:ATEN) for purchasers of the Company's securities pursuant and/or traceable to the Registration Statement and Prospectus issued in connection with A10's initial public stock offering on or about March 21, 2014 (the "IPO"). This action is pending in the California Superior Court, Santa Clara County.
What You May Do
If you purchased shares of A10, have suffered losses related to your investment, and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com).
About the Lawsuit
A10 and certain of its executives are charged with failing to disclose material information in the Registration Statement and Prospectus issued in connection with A10's IPO, violating federal securities laws.
On October 8, 2014, the Company announced third quarter revenue of approximately $43.0 million to $43.5 million, below the company's prior guidance of $48.0 million to $50.0 million.
On this news, shares of A10 Networks plummeted by 42%.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.