Axon Enterprise, Inc.

Robbins Arroyo LLP Is Investigating the Officers and Directors of Axon Enterprise, Inc. (AAXN) on Behalf of Shareholders

Robbins Arroyo LLP is investigating whether certain officers and directors of Axon Enterprise, Inc. (NasdaqGS: AAXN) breached their fiduciary duties to shareholders by engaging in improper accounting practices. Axon develops, manufactures, and sells conducted electrical weapons worldwide.

Axon May Have Engaged in Improper Accounting Practices

On October 19, 2017, Axon announced in a Form 8-K that the U.S. Securities and Exchange Commission (“SEC”) is reviewing the company’s financial statements. The SEC specifically seeks to review Axon’s 2016 financial report and its quarterly report for the period ending March 31, 2017. In a September 20, 2017 letter from the SEC to Axon, the SEC states that Axon has not yet provided a substantive response to its earlier comment letters, noting that it “will take further steps as we deem appropriate.” On this news, Axon’s stock fell $1.61 per share, or over 6%, to close at $23.01 per share on October 20, 2017.

Axon Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leonid Kandinov at (800) 350-6003, or you can complete the form below and we will contact you directly.

 

Shareholder Information

Items marked with an asterisk (*) are required information.

First Name * Last Name *
Phone *
E-mail * Confirm: E-mail *
Number of Shares Owned:
Comments:

Please Note: Neither the submission to nor the receipt of information by Robbins Arroyo LLP or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

* I have read the disclaimer information
+=

    Send This Post