An investigation on behalf of investors in ePlus inc. (NASDAQ:PLUS) shares over potential wrongdoing at ePlus inc. was announced.
San Diego, CA -- (SBWIRE) -- 03/30/2022 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at ePlus inc.
Investors who purchased shares of ePlus inc. (NASDAQ: PLUS) 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 ePlus inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Herndon, VA based ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. ePlus inc. reported that its Total Revenue declined from over $1.588 billion for the 12 months period that ended on March 31, 2020, to over $1.568 billion for the 12 months period that ended on March 31, 2021, and that its Net Income over those respective time periods rose from $69.08 million to $74.39 million.
Shares of ePlus inc. (NASDAQ: PLUS) declined from $69.74 per share in November 2021, to as low as $42.70 per share on January 28, 2022.
Those who purchased shares of ePlus inc. (NASDAQ: PLUS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
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.