Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Acacia Communications Inc (NASDAQ: ACIA) 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 Acacia Communications Inc (NASDAQ: ACIA) concerning whether a series of statements by Acacia Communications Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On May 31, 2017, Acacia Communications revealed that it identified a quality issue affecting a fraction of certain units manufactured “by one of its three contract manufacturers over an approximate four month period.” The Company cited a circuit board cleaning process as the main cause of this issue and the process was eliminated.

On July 14, 2017, Acacia Communications revealed that its second quarter results were adversely affected by the quality issue announced on May 31.

On this news, NASDAQ: ACIA dropped as much as $2.37, or 5.69%, during intraday trading on July 14, 2017.

Based in Maynard, Massachusetts, and founded in 2009 Acacia Communications Inc develops, manufactures, and sells high-speed coherent optical interconnect products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.

If you purchased shares of Acacia Communications Inc (NASDAQ: ACIA) on or before May 31, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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