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Investigation announced for Long-Term Investors in shares of Alpha and Omega Semiconductor Limited (NASDAQ: AOSL)

06-15-2020 11:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) shares.

An investigation on behalf of current long term investors in Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Alpha and Omega Semiconductor Limited.

Investors who are current long term investors in Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: AOSL stocks follows a lawsuit filed against Alpha and Omega Semiconductor Limited over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: AOSL stocks, concerns whether certain Alpha and Omega Semiconductor Limited directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the Defendants failed to disclose to investors that the Company’s export control practices were in violation of applicable laws and regulations, that, as a result, the Company was vulnerable to regulatory scrutiny and liability, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) have certain options and should contact the Shareholders Foundation.

Media Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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