INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Applied Optoelectronics, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 4, 2017 – AAOI

NEW YORK, NY / ACCESSWIRE / August 31, 2017 / The following statement is being issued by Levi
& Korsinsky, LLP:

To: All persons or
entities who purchased or otherwise acquired securities of Applied
Optoelectronics, Inc. (“Applied Optoelectronics”)
(NASDAQ: AAOI) between July 13, 2017 and August 3,
2017. You are hereby
notified that a securities class action lawsuit has
been commenced in the United States District Court for the Southern District of
Texas. To get more information go to:
http://www.zlk.com/pslra-sba/applied-optoelectronics-inc?wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone
at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.

The complaint alleges that throughout
the class period Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) a major customer was reducing
its purchases of the Company’s 40G receivers; (2) the loss of this major
customer’s business would have a severe negative impact on the Company’s
financial performance; and (3) as a result, the Company’s public statements
were materially false and misleading at all relevant times.

If you suffered a loss in
Applied Optoelectronics you have until October 4,
2017 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require that you serve
as a lead plaintiff.

Levi & Korsinsky is a national
firm with offices in New York, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience representing investors
in securities litigation, and have recovered hundreds of millions of dollars
for aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi
& Korsinsky, LLP

ReleaseID: 474340