An investigation for investors in Carbon Black, Inc. (NASDAQ: CBLK) shares over potential securities laws violations by Carbon Black, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 05/14/2019 -- An investigation was announced over potential securities laws violations by Carbon Black, Inc. in connection with certain financial statements.
Investors who purchased shares of Carbon Black, Inc. (NASDAQ: CBLK), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Carbon Black, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Waltham, MA based Carbon Black, Inc. provides security solutions in the United States and internationally. Its solutions enable customers to predict, prevent, detect, respond to, and remediate cyber-attacks before they cause a damaging incident or data breach. Carbon Black, Inc. went public in May 2018. Carbon Black, Inc. sold 8 million shares at $19 per share in its initial public offering.
Carbon Black, Inc. reported that its annual Total Revenue rose from $160.77 million in 2017 to $209.72 million in 2018 and that its Net Loss declined from $53.21 million in 2017 to $82.05 million in 2018.
Shares of Carbon Black, Inc. (NASDAQ: CBLK) declined from $34.58 per share in June 2018 to as low as $11.80 per share in December 2018.
Those who purchased shares of Carbon Black, Inc. (NASDAQ: CBLK) have certain options and should contact the Shareholders Foundation.
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