Thieler Law Corp advises investors with losses exceeding $100,000 of the March 25, 2019 lead plaintiff deadline in a class action lawsuit filed against Arlo Technologies, Inc. (NYSE: ARLO) (“Arlo” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of California and investors, who purchased Arlo Technologies Inc securities pursuant and/or traceable to the Company's Registration Statement and Prospectus issued in connection with the August 3, 2018 Initial Public Offering, have until March 25, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Arlo Technologies Inc 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 there was a flaw and/or quality issue with Arlo’s newly designed battery for its Ultra camera systems; this flaw and/or quality issue with the Ultra battery could result in a shipping delay of Arlo’s Ultra product; such a shipping delay endangered Arlo’s chances of launching the Ultra product in time for the crucial holiday season; such a shipping delay would allow Arlo’s competitors to capitalize on the Ultra product’s missed launch, thereby increasing their own market share; Arlo’s consumers had been experiencing battery drain issues and other battery-related issues in connection with recent firmware updates; because of the foregoing, Arlo’s fourth quarter 2018 results and consumer base would be negatively impacted; and as a result, Arlo’s Registration Statement was materially false and misleading at all relevant times.

On December 3, 2018, the Company revealed that shipments of Ultra, the company’s new wire-free security camera system, would be delayed “due to a quality issue with the battery from one of its suppliers,” and lowered its guidance for fourth quarter 2018.

Following this news, NYSE: ARLO fell by more than 22%, closing at $9.28 per share on December 3, 2018.

If you were negatively impacted by your investment in Arlo Technologies Inc securities pursuant and/or traceable to the Company's Registration Statement and Prospectus issued in connection with the August 3, 2018 Initial Public Offering 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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