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Viavi Solutions Inc (NASDAQ:VIAV) Investor Investigation announced

  • If you purchased shares of Viavi Solutions Inc (NASDAQ:VIAV), 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
Viavi Solutions Inc
Security
NASDAQ: VIAV

Summary

An investigation on behalf of investors in shares of Viavi Solutions Inc (NASDAQ:VIAV) was announced over potential breaches of fiduciary duties by certain officers and directors at Viavi Solutions Inc.

The investigation by a law firm concerns whether certain Viavi Solutions directors breached their fiduciary duties.

Milpitas, CA based Viavi Solutions Inc (NASDAQ:VIAV) is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems. Viavi Solutions Inc reported that its Total Revenue declined from $906.30 million for the 53 weeks period that ended on July 2, 2016 to $811.40 million for the 52 weeks period that ended on July 1, 2017 and that its Net Loss of $50.40 million turned into a Net Income of $165.30 million.

Shares of Viavi Solutions Inc (NASDAQ:VIAV) declined from $11.66 per share in May 2017 to as low as $9.14 per share in September 2017.

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