LOS ANGELES–(BUSINESS WIRE)–Feb 10, 2025–
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Harmonic Inc. (“Harmonic” or “the Company”) (NASDAQ: HLIT ) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Harmonic reported its third quarter financial results on February 10, 2025. While the Company’s reported better-than-expected results for the quarter, it also lowered its revenue guidance for the fourth quarter. The Company’s full-year 2025 guidance was also weaker than expected. Based on this news, shares of Harmonic fell sharply in after hours trading on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250210998158/en/
CONTACT: The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
SOURCE: The Schall Law Firm
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PUB: 02/10/2025 10:10 PM/DISC: 02/10/2025 10:10 PM
http://www.businesswire.com/news/home/20250210998158/en