Investor Alert: Kaplan Fox Announces Investigation Of Symantec Corp.

NEW YORK, May 11, 2018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Symantec Corp. ("Symantec or the "Company") (NASDAQ: SYMC).  Investors who purchased Symantec securities may be affected.

On May 10, 2018 after the market closed, Symantec issued a press release reporting results for its fourth quarter and full fiscal year 2018 ended March 30, 2018.  The May 10 press release announced that "[t]he Audit Committee of the Board of Directors has commenced an internal investigation in connection with concerns raised by a former employee" and that "[t]he Audit Committee has retained independent counsel and other advisors to assist it in its investigation."  The Company also contacted the SEC to voluntarily advise that the internal investigation is underway.  Further, Symantec said that its "financial results and guidance may be subject to change based on the outcome of the Audit Committee investigation" and that its annual report on Form 10-K for fiscal year 2018 is likely to be delayed.

On May 11, 2018, the first trading day following the news, shares of Symantec fell significantly in midday trading.

If you are an investor in Symantec, and would like to discuss our investigation, please contact us by emailing [email protected] or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, the action, your rights, or your interests, please contact:

Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: [email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
E-mail: [email protected]

SOURCE Kaplan Fox & Kilsheimer LLP

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