OSPN DEADLINE: Bronstein, Gewirtz & Grossman, LLC Reminds OneSpan Inc. Investors of Class Action and Encourages Investors to Contact the Firm
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
- This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
- On August 4, 2020, OneSpan revealed that it found errors relating to certain contracts with customers involving software licenses.
- Consequently, OneSpan estimated that it overstated revenue by $2 to $2.5 million between first quarter 2018 and first quarter 2020.
- Then, on August 11, 2020, OneSpan announced that it would delay filing its quarterly report for the period ended June 30, 2020.