NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Symantec Corporation (NASDAQ: SYMC) resulting from allegations that Symantec may have issued materially misleading business information to the investing public.
On May 10, 2018, Symantec reported that its “Audit Committee of the Board of Directors has commenced an internal investigation in connection with concerns raised by a former employee.” Symantec disclosed that it voluntarily contacted the Securities and Exchange Commission (“SEC”) to advise it of the internal investigation. Symantec further reported that it “is unlikely that the investigation will be completed in time for the Company to file its annual report on Form 10-K for the fiscal year ended March 30, 2018 in a timely manner.” On this news, shares of Symantec fell sharply during after-hours trading on May 10, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Symantec investors. If you purchased shares of Symantec please visit the firm’s website at http://www.rosenlegal.com/cases-1340.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
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