Thursday, January 18, 2018 11:33:36 AM
January 17, 2018
Tags: NewsPoints Aerohive United States Corporate Affairs
A group of Aerohive Networks shareholders are seeking to recover their losses
after the company announced that it had sales execution issues in its fourth quarter
2017. Shareholders who purchased since August 2017 and suffered losses
on their purchases of Aerohive Networks stock are eligible to participate in
the action. The shareholders allege that the company made materially false
and misleading statements regarding its sales practices and/or did not disclose
these material facts when they were known. As a result, shareholders
who acquired the stock since August 2017 and suffered losses on their
purchases are eligible to participate in an action, at no cost, to potentially
recover their losses.
Aerohive did not immediately respond to requests for a comment.
To contact the law firm on behalf of shareholders of
Aerohive for more information as to how you can participate
call toll free 800.511.7037 or contact@tripplevy.com
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