An investigation for shareholders in Barracuda Networks Inc (NYSE:CUDA) shares over potential securities laws violations by Barracuda Networks was announced and NYSE:CUDA stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/21/2015 -- An investigation for shareholders in NYSE:CUDA shares over potential securities laws violations by Barracuda Networks in connection certain financial statements was announced.
Investors who purchased shares of Barracuda Networks Inc (NYSE:CUDA), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Barracuda Networks Inc (NYSE:CUDA) concerning whether a series of statements by Barracuda Networks regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 29, 2015, Barracuda Networks Inc reported its second quarter fiscal 2016 results. On The same day Barracuda Networks Inc also announced that it has entered into an agreement to acquire privately held Intronis, Inc. Shares of Barracuda Networks Inc (NYSE:CUDA) declined to as low as $23.04 per share on September 29, 2015.
On October 20, 2015, NYSE:CUDA shares closed at $18.93 per share.
Those who purchased shares of Barracuda Networks 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