NEW YORK, May 10, 2018 /PRNewswire/ -- Bernstein Liebhard LLP is investigating potential securities fraud claims on behalf of shareholders of Symantec Corporation ("Symantec" or the "Company") (NASDAQ: SYMC). If you purchased Symantec securities, and/or have information relating to this matter, please visit our SYMANTEC SHAREHOLDER PAGE or contact Daniel Sadeh toll free at (877) 779-1414 or [email protected].
On May 10, 2018, during aftermarket hours, Symantec revealed that it's "Audit Committee of the Board of Directors has commenced an internal investigation in connection with concerns raised by a former employee" and that it informed the U.S. Securities and Exchange Commission of the investigation. Symantec disclosed that "[t]he Company's financial results and guidance may be subject to change based on the outcome of the Audit Committee investigation" and that "[i]t 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, Symantec's stock fell sharply during aftermarket hours on May 10, 2018.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
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ATTORNEY ADVERTISING. © 2018 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information
Daniel Sadeh
Bernstein Liebhard LLP
http://www.bernlieb.com
(877) 779-1414
[email protected]
SOURCE Bernstein Liebhard LLP
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