LOS ANGELES, Aug. 18, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises OneSpan Inc. ("OneSpan" or "the Company") (NASDAQ: OSPN) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On August 11, 2020, OneSpan admitted that it would fail to file its quarterly report for the period ending June 30, 2020, in a timely manner. The Company also disclosed that it had overstated revenues in the past. Based on this news, shares of OneSpan fell by nearly 40% on August 12, 2020.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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