Thieler Law Corp advises investors with losses exceeding $100,000 of the June 25, 2018 lead plaintiff deadline in a class action lawsuit filed against Aceto Corporation (NASDAQ: ACET) (“Aceto” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of New York and investors, who purchased Aceto Corporation securities between February 1, 2018 and April 18, 2018, have until June 25, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Aceto Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly 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; accordingly, Aceto’s financial guidance was overstated; and 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.

On April 18, 2018, the Company issued a press release revealing that its financial guidance should no longer be relied upon, that the Company anticipates recording non-cash intangible asset impairment charges in the range of $230 million to $260 million, and that the CFO, Edward Borkowski resigned.

Following this news, NASDAQ: ACET fell $4.74 per share, or 64%, to close at $2.66 per share on April 19, 2018.

If you were negatively impacted by your investment in Aceto Corporation securities between February 1, 2018 and April 18, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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