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EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Lumentum Holdings Inc. - LITE
[April 16, 2018]

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Lumentum Holdings Inc. - LITE


Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Lumentum Holdings Inc. (NASDAQ:LITE) resulting from allegations that Lumentum may have issued materially misleading business information to the investing public.

On April 16, 2018, Reuters (News - Alert) reported that the U.S. Department of Commerce has banned American companies, including Lumentum, from selling components to Chinese telecom equipment maker ZTE (News - Alert) Corporation for seven years after ZTE violated the terms of an agreement relating to a U.S. sanctions violation case. On this news, shares of Lumentum fell $5.83 per share or over 9% to close at $58.47 per share on April 16, 2018.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Lumentum investors. If you purchased shares of Lumentum please visit the firm's website at http://www.rosenlegal.com/cases-1323.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

Follow us for updates on LinkedIn (News - Alert): https://www.linkedin.com/company/the-rosen-law-firm or on Twitter (News - Alert): https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was ranked No. 1 in the Nation for Number of Securities Class Action Settlements in 2017. The firm has been ranked in the Top 3 each year since 2013.


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