{"id":473090,"date":"2021-04-07T13:18:21","date_gmt":"2021-04-07T17:18:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473090"},"modified":"2021-04-07T13:18:21","modified_gmt":"2021-04-07T17:18:21","slug":"shareholder-alert-robbins-llp-is-investigating-onespan-inc-ospn-for-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-robbins-llp-is-investigating-onespan-inc-ospn-for-shareholders\/","title":{"rendered":"Shareholder Alert: Robbins LLP is Investigating OneSpan Inc. (OSPN) for Shareholders"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Shareholder Alert: Robbins LLP is Investigating OneSpan Inc. (OSPN) for Shareholders<\/b><\/p>\n<p>SAN DIEGO &amp; CHICAGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nShareholder rights law firm <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.robbinsllp.com%2Fonespan-inc-apr-21%2F&amp;esheet=52408187&amp;newsitemid=20210407005841&amp;lan=en-US&amp;anchor=Robbins+LLP&amp;index=1&amp;md5=1d84025e5ca8a5df5d5dfc8ff647760a\">Robbins LLP<\/a> is investigating OneSpan Inc. (NASDAQ: OSPN) to determine whether certain OneSpan officers and directors violated the Securities Exchange Act of 1934 and breached their fiduciary duties to the Company. OneSpan and its subsidiaries design, develop, and market solutions for identity, security, and business productivity.\n<\/p>\n<p>\nIf you suffered a loss due to OneSpan Inc.&#8217;s misconduct, click <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.robbinsllp.com%2Fonespan-inc-apr-21%2F&amp;esheet=52408187&amp;newsitemid=20210407005841&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=d847db26417567915719bcee36d2f054\">here<\/a>.\n<\/p>\n<p><b><i>OneSpan Inc. (OSPN) Overstated its Revenue <\/i><\/b><\/p>\n<p>\nOneSpan Inc. may have made false and misleading statements regarding the Company&#8217;s internal policies and downplayed the likely negative impact on its profits. On August 4, 2020, OneSpan postponed its second quarter 2020 earnings release due to revenue recognition problems spanning from the first quarter of 2018 through the first quarter of 2020, &#8220;which caused overstatements of revenue.&#8221; After market close on August 11, 2020, the Company announced that it would not be able to timely submit its SEC report for the quarter ending on June 30, 2020, that same quarter year-over-year revenues had declined, and withdrew its full year 2020 earnings guidance, which it had just confirmed one quarter earlier. On this news, the Company stock price fell almost 40% to close at $18.84 per share on August 12, 2020.\n<\/p>\n<p><b><i>OneSpan Inc. (OSPN) Shareholders Have Options <\/i><\/b><\/p>\n<p>\nContact us to learn more:<br \/>\n<br \/>Lauren Levi<br \/>\n<br \/>(800) 350-6003<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:llevi@robbinsllp.com\">llevi@robbinsllp.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.robbinsllp.com%2Fonespan-inc-apr-21%2F&amp;esheet=52408187&amp;newsitemid=20210407005841&amp;lan=en-US&amp;anchor=Shareholder+Information+Form&amp;index=3&amp;md5=4a547f74f8315f833c4380a8536c311c\">Shareholder Information Form<\/a><\/p>\n<p>\nRobbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against OneSpan Inc. settles or to receive free alerts about companies engaged in wrongdoing, sign up for <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.robbinsllp.com%2Fstock-watch%2F&amp;esheet=52408187&amp;newsitemid=20210407005841&amp;lan=en-US&amp;anchor=Stock+Watch&amp;index=4&amp;md5=c035f3608bd12fec8cc8b378140d0c65\">Stock Watch<\/a> today.\n<\/p>\n<p>\nAttorney Advertising. Past results do not guarantee a similar outcome.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210407005841r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210407005841\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210407005841\/en\/<\/a><\/span><\/p>\n<p>\nLauren Levi<br \/>\n<br \/>Robbins LLP<br \/>\n<br \/>5040 Shoreham Place<br \/>\n<br \/>San Diego, CA 92122<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:llevi@robbinsllp.com\">llevi@robbinsllp.com<br \/>\n<\/a><br \/>(800) 350-6003<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.robbinsllp.com&amp;esheet=52408187&amp;newsitemid=20210407005841&amp;lan=en-US&amp;anchor=www.robbinsllp.com&amp;index=5&amp;md5=b40022602f4e32da21763f168278c152\">www.robbinsllp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210407005841\/en\/805463\/3\/business_Wire_Robbins_LLP.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Shareholder Alert: Robbins LLP is Investigating OneSpan Inc. (OSPN) for Shareholders SAN DIEGO &amp; CHICAGO&#8211;(BUSINESS WIRE)&#8211; Shareholder rights law firm Robbins LLP is investigating OneSpan Inc. (NASDAQ: OSPN) to determine whether certain OneSpan officers and directors violated the Securities Exchange Act of 1934 and breached their fiduciary duties to the Company. OneSpan and its subsidiaries design, develop, and market solutions for identity, security, and business productivity. If you suffered a loss due to OneSpan Inc.&#8217;s misconduct, click here. OneSpan Inc. (OSPN) Overstated its Revenue OneSpan Inc. may have made false and misleading statements regarding the Company&#8217;s internal policies and downplayed the likely negative impact on its profits. On August 4, 2020, OneSpan postponed its second quarter 2020 earnings release due &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-robbins-llp-is-investigating-onespan-inc-ospn-for-shareholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shareholder Alert: Robbins LLP is Investigating OneSpan Inc. (OSPN) for Shareholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473090","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shareholder Alert: Robbins LLP is Investigating OneSpan Inc. (OSPN) for Shareholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-robbins-llp-is-investigating-onespan-inc-ospn-for-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholder Alert: Robbins LLP is Investigating OneSpan Inc. (OSPN) for Shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Shareholder Alert: Robbins LLP is Investigating OneSpan Inc. (OSPN) for Shareholders SAN DIEGO &amp; CHICAGO&#8211;(BUSINESS WIRE)&#8211; Shareholder rights law firm Robbins LLP is investigating OneSpan Inc. (NASDAQ: OSPN) to determine whether certain OneSpan officers and directors violated the Securities Exchange Act of 1934 and breached their fiduciary duties to the Company. OneSpan and its subsidiaries design, develop, and market solutions for identity, security, and business productivity. If you suffered a loss due to OneSpan Inc.&#8217;s misconduct, click here. OneSpan Inc. (OSPN) Overstated its Revenue OneSpan Inc. may have made false and misleading statements regarding the Company&#8217;s internal policies and downplayed the likely negative impact on its profits. On August 4, 2020, OneSpan postponed its second quarter 2020 earnings release due &hellip; Continue reading &quot;Shareholder Alert: Robbins LLP is Investigating OneSpan Inc. 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