HIVE Aerohive Networks

The Klein Law Firm Announces Commencement of a Class Action Filed on Behalf of Aerohive Networks, Inc. Shareholders and a Lead Plaintiff Deadline of March 20, 2018 (HIVE)

NEW YORK--(BUSINESS WIRE)--

The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Aerohive Networks, Inc. (NYSE: HIVE) who purchased shares between November 1, 2017 and January 16, 2018. The action, which was filed in the United States District Court for the Northern District of California, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (1) there were underlying sales execution issues that were uncovered at the end of the third quarter of 2017; (2) consequently, Aerohive’s revenue guidance for the fourth quarter of 2017 was overstated; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Shareholders have until March 20, 2018 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sb/aerohive-networks-inc?wire=2.

Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

EN
07/02/2018

Underlying

HIVEAerohive Networks

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Aerohive Networks

 PRESS RELEASE
Free
HIVE Aerohive Networ...

Aerohive Networks® Reports Q2 2019 Results

MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks (NYSE: HIVE), a leader in cloud-managed networking, today announced financial results for its second quarter ended June 30, 2019. "We delivered a solid second quarter with revenue, gross margin, and non-GAAP EPS all within or better than our guidance ranges. Aerohive’s Subscription and Support revenue was up 19% year-over-year, reflecting continued improvements in our operating leverage,” stated David Flynn, president and chief executive officer, Aerohive Networks. “As announced in June, we signed a definitive agreement to be acquired by ...

July 30, 2019 1 EN
 PRESS RELEASE
Free
HIVE Aerohive Networ...

Aerohive® to Exhibit Innovative Cloud-Managed Networking Solution for...

MILPITAS, Calif.--(BUSINESS WIRE)-- , a leader in cloud-managed networking, will be showcasing its latest innovations in education technology at the from June 23rd to June 26th. ISTE is recognized as the most comprehensive educational technology conference in the world. Aerohive® will exhibit at ISTE 2019, demonstrating its school-optimized and mobile-friendly access network solutions for the classroom and connected campus. Aerohive’s cloud-managed platform, HiveManager®, powered by artificial intelligence and machine learning capabilities, helps radically simplify and secure networking for...

June 24, 2019 EN
 PRESS RELEASE
Free
HIVE Aerohive Networ...

Aerohive® to Exhibit Latest Innovations in Hospitality and Sustainabi...

MILPITAS, Calif.--(BUSINESS WIRE)-- , a leader in cloud-managed networking, will be showcasing its latest hospitality innovations at from June 17th-20th. As the world’s largest hospitality technology show, HITEC combines the brightest minds and the most innovative technologies from around the world into one exposition featuring over 365 companies. Aerohive is transforming hospitality networks from a commodity to a business-critical tool through its solutions focused on business intelligence, cost reduction and sustainability...

June 18, 2019 EN
 PRESS RELEASE
Free
HIVE Aerohive Networ...

JCDecaux Propels Its Wi-Fi Connectivity and Provides Better User Exper...

MILPITAS, Calif.--(BUSINESS WIRE)-- ® (NYSE: HIVE), a leader in cloud-managed networking, today announced that JCDecaux, an innovative French company and the world leader in the Out-Of-Home communication market with over 1 million advertising panels spread across more than 80 countries, has adopted and expanded their cloud-managed network across 14 countries in Latin America using the newest version of HiveManager®, Aerohive’s cloud-based network management platform powered by Artificial Intelligence (AI) and Machine Learning (ML). ...

June 18, 2019 EN
 PRESS RELEASE
Free
HIVE Aerohive Networ...

RougeGorge Selects Aerohive’s Cloud-Managed Networking Solution to U...

MILPITAS, Calif.--(BUSINESS WIRE)-- French lingerie brand selects , a leader in cloud-managed networking, to provide a flexible and secure Wi-Fi solution for its 232 stores and headquarters. Founded in 1998, RougeGorge allows women to express their femininity however they choose through affordable, creative and smart lingerie for every occasion. The company is enjoying growing success, with an average of 20 new stores opening in France and Belgium every year. In early 2016, RougeGorge started thinking about creating c...

June 13, 2019 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch