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They may already have. Investigation is already pending: https://finance.yahoo.com/news/shareholder-alert-ubiquiti-inc-investigated-184800904.html https://fina

• surfsvammel 6y ago
  This might just be a law-firm fishing for people willing to be plaintiffs when they sue. So, this in itself might not mean much of anything. This might just be a lawyer who read the news and though "Hey, let's see if we can find enough people willing to sue!"
• modeless 6y ago
  That's not the SEC, it's just some ambulance-chasing law firm.