fbpx

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Casa Systems, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

30 Views

LOS ANGELES–(BUSINESS WIRE)–$CASA #CASAThe Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Casa Systems, Inc. (“Casa” or “the Company”) (NASDAQ: CASA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Casa touted rapid growth based on new technology innovations in the registration documents for its December 2017 IPO. Despite its positive statements to the market, the Company knew its key customers had entered a “digestion” phase which lowered future spending. Casa announced disappointing earnings on August 14, 2018, lowering revenue guidance by $50 million for the year at the same time.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm

Brian Schall, Esq.

310-301-3335

Cell: 424-303-1964

info@schallfirm.com

www.schallfirm.com

leverton

I have been involved with publishing and marketing for the past 37 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard.For people who love to save money and earn while saving, there is a new program called the r network. You are provided with a card that entitles the user to automatic savings on more than 300,000 products. Learn more about the revv card today. This is by invitation only to be some of the first people to get this card.I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice".Contact me directly at lee@leeeverton.com for scheduling information.

You May Also Like