NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against ADTRAN Holdings, Inc. ("Adtran" or the "Company") (NASDAQ:ADTN) on behalf of Adtran stockholders. Our investigation concerns whether Adtran has violated the federal securities laws and/or engaged in other unlawful business practices.
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On February 20, 2024, after market hours, Adtran filed with the SEC a current report on Form 8-K which stated, in pertinent part, that "on February 20, 2024, the Audit Committee of the Board of Directors (the "Audit Committee") of ADTRAN Holdings, Inc. (the "Company") concluded, after considering the recommendations of management, that the presentation of the results attributable to the non-controlling interest and of the net loss attributable to the Company and, as a consequence, ...