Thieler Law Corp Announces Investigation of Quantenna Communications Inc

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Quantenna Communications Inc (NASDAQ: QTNA) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Quantenna Communications Inc (NASDAQ: QTNA) concerning whether a series of statements by Quantenna Communications Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 6, 2017, the Company reported its financial and operating results for the third quarter of 2017, advising investors that the Company expected "a delay in the deployment of a key service provider program coupled with near-term softness at one other service provider customer." 

On this news, NASDAQ: QTNA dropped $4.82 per share, or 32.41%, to close at $10.05 on November 7, 2017.

Based in Fremont, California, and founded in 2005 Quantenna Communications Inc designs, develops, and markets wireless communication solutions enabling wireless local area networking for telecommunications service provider market in the United States and internationally.

If you purchased shares of Quantenna Communications Inc (NASDAQ: QTNA) on or before November 6, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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