An investigation on behalf of current long term investors in Vocera Communications Inc (NYSE:VCRA) shares over possible breaches of fiduciary duty by certain officers and directors continues and NYSE:VCRA stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 01/27/2015 -- An investigation for investors, who currently hold NYSE:VCRA shares, is ongoing concerning whether certain Vocera Communications directors and officers breached their fiduciary duties and caused damages to the company and NYSE:VCRA shareholders.
Investors who purchased shares of Vocera Communications Inc (NYSE:VCRA) in 2012 or earlier and currently hold any of those NYSE:VCRA shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Vocera Communications officers and directors breached their fiduciary duties owed to NYSE:VCRA stockholders and caused damage to the company and its shareholders.
Vocera Communications went public in March 2012. In May 2013, Vocera Communications Inc reported its first quarter 2013 results. Vocera Communications Inc said that its revenue for the quarter was $22.4 million, a decrease of 3.1% compared to $23.1 million in the first quarter of 2012.Furthermore, Vocera Communications Inc said that Non-GAAP net loss was $1.6 million for the first quarter of 2013, , which compares to non-GAAP net income of $1.4 million for the first quarter of 2012. Vocera Communications Inc also lowered its Full Year 2013 revenue guidance.
In August 2013 a lawsuit was filed against Vocera Communications Inc over alleged violations of Securities Laws. The plaintiff alleges that Vocera Communications Inc failed to disclose the severity of the negative impact that healthcare reform and federal budget sequestration were having on sales of the Company's communication products to hospitals.
Shares of Vocera Communications Inc declined from $31.10 per share in September 2012 to as low as $8.08 per share in October 2014.
On January 23, 2015, NYSE:VCRA shares closed at $9.12 per share.
Those who purchased shares of Vocera Communications Inc have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com