If you purchased shares of Veeco Instruments Inc. (NASDAQ:VECO)
The investigation by a law firm concerns whether certain Veeco Instruments officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by failing to implement adequate internal controls and by issuing statements regarding Veeco Instruments’
On November 15, 2012, before the market opened, Veeco Instruments Inc. announced that it has filed a form, Notification of Late Filing, with the U.S. Securities and Exchange Commission (“SEC”) relating to the Company’s report on Form 10-Q for the period ended September 30, 2012. Veeco Instruments Inc. said additional time is needed because it is in the process of evaluating the timing of recognition of revenue on the sale of certain Metal Organic Chemical Vapor Deposition (MOCVD) systems and related upgrades to these systems.
Shares of Veeco Instruments Inc. (NASDAQ:VECO)
Those who purchased shares of Veeco Instruments Inc. (NASDAQ:VECO)