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Allot Communications Ltd (NASDAQ:ALLT) Investor Investigation Over Potential Securities Laws Violations Announced

  • If you purchased shares of Allot Communications Ltd (NASDAQ:ALLT), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Allot Communications
Security
NASDAQ: ALLT

Summary

July 14, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Allot Communications Ltd (NASDAQ:ALLT) shares over potential securities laws violations by Allot Communications and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Allot Communications Ltd (NASDAQ:ALLT) concerning whether a series of statements by Allot Communications regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On May 6, 2015, Barclays reportedly downgraded Allot Communications Ltd citing concerns about the company's limited guidance and transparency.

On July 6, 2015, Allot Communications Ltd announced its second quarter 2015 results and fiscal year 2015 revenue forecasts.
Shares of Allot Communications Ltd (NASDAQ:ALLT) declined from $16.82 per share in February 2014 to as low as $5.18 per share on July 10, 2015.

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