SAN DIEGO, CA / ACCESSWIRE / October 22, 2018 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares Aceto Corporation (ACET).
The plaintiff seeks to recover losses for certain investors who purchased NASDAQ: ACET shares.
The plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that due to undisclosed competitive and pricing pressures, Aceto was unlikely to meet the performance metrics the Company provided to its investors as financial guidance, that accordingly, Aceto's financial guidance was overstated, and that as a result of the foregoing, Aceto's financial statements and Defendants' statements about Aceto's business, operations, and prospects, were materially false and misleading at all relevant times.
Those who purchased Aceto Corporation (ACET) shares should contact the Shareholders Foundation, Inc.
Shareholders Foundation, Inc.
+1 (858) 779-1554
3111 Camino Del Rio North
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
SOURCE: Shareholders Foundation, Inc.