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Investigation On Behalf of Shareholders of Anadigics, Inc Announced |
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Written by Globe Newswire
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Tuesday, 04 November 2008 |
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Bensalem, Pennsylvania - Law Offices of Howard G. Smith announces that it is investigating potential claims against Anadigics, Inc. ("Anadigics" or the "Company") (Nasdaq:ANAD), concerning possible securities violations pertaining to public statements made by the Company between July 24, 2007 and February 12, 2008, regarding manufacturing inefficiencies and productivity issues negatively impacting the Company.
The investigation focuses on allegations that statements made by the Company failed to disclose or indicate the extent to which the Company was being negatively impacted by manufacturing inefficiencies and productivity issues, that steps taken by Anadigics to remedy the problems were actually counterproductive and further limiting the Company's output, and that the Company was losing market share because customers were turning to other sources of supply due to the Company's inability to meet its customers' demand.
If you have information or if you purchased Anadigics common stock during the period stated above and would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to
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