ReleaseWire

YayYo, Inc. (OTC:YAYO) Investor Alert: Investigation over Potential Wrongdoing

An investigation on behalf of investors in YayYo, Inc. (OTC:YAYO) shares over potential wrongdoing at YayYo, Inc. was announced and OTC:YAYO stockholders should contact the Shareholders Foundation.

Posted: Wednesday, September 09, 2020 at 11:00 AM CDT

San Diego, CA -- (SBWire) -- 09/09/2020 --An investigation on behalf of investors in shares of YayYo, Inc. (OTC: YAYO) was announced over potential breaches of fiduciary duties by certain officers and directors at YayYo, Inc.

Investors who purchased shares of YayYo, Inc. (OTC: YAYO) 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 YayYo, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Beverly Hills, CA based YayYo, Inc., through its subsidiaries, engages in developing vehicle rental platform in the United States. On or about November 14, 2019, YayYo, Inc. sold about 2.6 million shares of stock in its initial public stock offering (the "IPO"), at $4.00 a share raising nearly $ 10.5 million in new capital. However, since the IPO, YayYo, Inc. shares declined to as low as $0.20 per share on July 08, 2020.

Those who purchased shares of YayYo, Inc. (OTC: YAYO) 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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.