An investigation on behalf of investors in Amber Road Inc (NYSE:AMBR) shares over potential wrongdoing at Amber Road Inc was announced and NYSE:AMBR stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/01/2015 -- An investigation for shareholders in shares of Amber Road Inc (NYSE:AMBR) was announced over potential breaches of fiduciary duties by certain Amber Road directors.
Investors who purchased shares of Amber Road Inc (NYSE:AMBR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Amber Road officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Amber Road Inc reported that its annual Total Revenue rose from $43.37 million in 2012 to $64.83 million in 2014 while its respective Net Loss increased from $2.10 million to $27.70 million.
Shares of Amber Road Inc (NYSE:AMBR) declined from $16.52 per share in October 2014 to as low as $4.04 per share on August 7, 2015.
On September 30, 2015, NYSE:AMBR shares closed at $4.22 per share.
Those who purchased shares of Amber Road 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