An investigation on behalf of investors of A10 Networks Inc (NYSE:ATEN) shares over potential securities laws violations by A10 Networks and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of A10 Networks Inc (NYSE:ATEN) concerning whether a series of statements by A10 Networks Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Jose, CA based A10 Networks, Inc. is a provider of software and hardware solutions. A10 Networks Inc reported that its annual Total Revenue rose from $19u8.96 million in 2015 to $230.00 million in 2016 and that its Net loss declined from $40.03 million in 2015 to $20.94 million in 2016.

On January 16, 2018, A10 Networks Inc announced its preliminary results for the fourth quarter of 2017. Lee Chen, President and CEO, stated: We are disappointed with our revenue results for the quarter, which were below our guidance primarily due to a shortfall in North America sales as we experienced lower than expected seasonal demand trends in the region.

Then on January 30, 2018, A10 Networks Inc announced it was postponing its 2017 fourth quarter and full year earnings announcement and conference call after determining that a mid-level employee within its finance department had violated the Companys Insider Trading Policy and Code of Conduct.