Core Viewpoint - The Schall Law Firm is investigating ADTRAN Holdings, Inc. for potential violations of securities laws related to misleading financial statements and disclosures [1][2]. Group 1: Investigation Details - The investigation centers on whether ADTRAN issued false or misleading statements and failed to disclose critical information to investors [2]. - ADTRAN's Audit Committee concluded that the financial results for the non-controlling interest and net loss were materially misstated in several quarterly reports for the periods ending March 31, 2023, June 30, 2023, and September 30, 2023 [2]. Group 2: Financial Reporting Issues - The financial statements from the Non-Reliance Periods should no longer be relied upon due to the identified misstatements [2].
ADTN Investors Have Opportunity to Join ADTRAN Holdings, Inc. Fraud Investigation with the Schall Law Firm