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

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.

Based in San Jose, California, and founded in 2018 Arlo Technologies Inc provides smart connected devices to monitor the environments in real-time with a Wi-Fi or a cellular network Internet connection in the Americas, Europe, the Middle-East and Africa, and the Asia Pacific regions.

If you purchased shares of Arlo Technologies Inc (NYSE: ARLO) on or before December 3, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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