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If you purchased shares of Oplink Communications, Inc (NASDAQ:OPLK), you have certain options and you should contact the Shareholders Foundation, Inc.
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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
October 8, 2013 (Shareholders Foundation) - An investigation on behalf of investors in shares of Oplink Communications, Inc (NASDAQ:OPLK) was announced concerning whether certain Oplink Communications officers and directors possibly breached their fiduciary duties.
The investigation by a law firm concerns, among other things, whether certain Oplink Communications officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Oplink Communications, Inc reported that its Total Revenue rose from $174.93 million for the 52 weeks period that ended on July 1, 2012 to $183.40 million for the 52 weeks period that ended on June 30, 2013 and that its Net Loss of $2.58 million for the 52 weeks period that ended on July 1, 2012 turned into a Net Income of $13.37 million for for the 52 weeks period that ended on June 30, 2013
Oplink Communications, Inc (NASDAQ:OPLK0 grew from $12.28 per share in June 2012 to as high as $20.95 per share in August 2013.
On Oct. 7, 2013, NASDAQ:OPLK shares closed at $18.28 per share.
