A10 Networks Inc
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Information Technology : Software | Small Cap Growth
Company profile

A10 Networks, Inc. is a provider of networking solutions that enable networks focused on reliability, availability, scalability, and cybersecurity. The Company's portfolio supports customers operating in the cloud, on-premises or in hybrid environments. The Company's product portfolio consists of six secure application solutions and two intelligent management and automation tools. Its secure application solutions include Thunder Application Delivery Controller (ADC), Lightning Application Delivery Controller (Lightning ADC), Thunder Carrier Grade Networking (CGN), Thunder Threat Protection System (TPS), Thunder SSL Insight (SSLi) and Thunder Convergent Firewall (CFW). Its intelligent management and automation tools include Harmony Controller and aGalaxy TPS. Its software solutions are available to be delivered in a variety of form factors, such as embedded in optimized hardware appliances, as bare metal software, containerized software, virtual appliances, and cloud-native software.

Price
Delayed
$14.25
Day's Change
-0.50 (-3.39%)
Bid
--
Ask
--
B/A Size
--
Day's High
14.80
Day's Low
14.24
Volume
(Light)

Today's volume of 195,434 shares is on pace to be much lighter than ATEN's 10-day average volume of 863,298 shares.

195,434

ARQQ Shareholder Alert: Robbins LLP Reminds Investors of Class Action Against Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. (CENH)

4:33 pm ET May 19, 2022 (BusinessWire) Print

The Class: Shareholder rights law firm Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Arqit Quantum Inc. (NASDAQ: ARQQ) securities (i) between September 7, 2021 and April 18, 2022 and/or (ii) all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021, to consider approval of the merger between Arqit and Centricus. The complaint alleges violations of the Securities Exchange Act of 1934. Arqit claims to be a cybersecurity company that has pioneered a unique quantum encryption technology.

If you would like more information about Arqit Quantum Inc.'s misconduct, click here.

What is this Case About: Arqit Quantum Inc. (ARQQ) Made Misleading Statements in its Offering Documents in Support of its Merger with Centricus Acquisition Corp. (CENH)

According to the complaint, in connection with the merger with Centricus, Arqit alleged its quantum encryption technology would be secure against current and future forms of cyberattacks, including from a quantum computer. Arqit also represented that it had "already signed major, long-term contracts for its services with large companies and government institutions."

However, defendants failed to disclose that Arqit's proposed encryption technology would require widespread adoption of new protocols and standards for telecommunications, with British cybersecurity officials having questioned the viability of Arqit's proposed encryption technology in a meeting in 2020. Further, the British government was not an Arqit customer but, rather, providing grants to Arqit, and Arqit had little more than an early-stage prototype of its encryption system at the time of the merger.

These facts became known on April 18, 2022, when The Wall Street Journal published an article titled, "British Encryption Startup Arqit Overstates Its Prospects, Former Staff and Others Say." On this news, Arqit share price fell $2.57 per share, or 17%, to close at $12.4 per share on April 18, 2022.

Next Steps: If you acquired shares of Arqit Quantum Inc. (ARQQ) f/k/a Centricus Acquisition Corp. between September 7, 2021 and April 18, 2022, or held Centricus securities and were entitled to vote on the merger, you have until July 5, 2022, to ask the court to appoint you lead plaintiff for the class. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

Contact us to learn more:

Aaron Dumas (800) 350-6003 adumas@robbinsllp.com Shareholder Information Form

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. To be notified if a class action against Arqit Quantum Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220519006024/en/

SOURCE: Robbins LLP">

Aaron Dumas
Robbins LLP
5040 Shoreham Place
San Diego, CA 92122
adumas@robbinsllp.com 
(800) 350-6003
www.robbinsllp.com
comtex tracking

COMTEX_407473235/1006/2022-05-19T16:33:00

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