An investigation for investors in Domo, Inc. (NASDAQ: DOMO) shares over potential securities laws violations by Domo, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 01/15/2019 -- Domo, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Domo, Inc. (NASDAQ: DOMO), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Domo, Inc. (NASDAQ: DOMO regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
American Fork, UT based Domo, Inc. operates a cloud-based platform in the United States. On or about June 29, 2018, Domo, Inc sold 9.2 million shares of stock in its initial public stock offering (the "IPO"), at $21 a share raising $193,200,000 in new capital. Since the IPO, Domo, Inc stock has plunged and declined to as low as $13.28 per share in late November 2018.
Those who purchased shares of Domo, Inc. (NASDAQ: DOMO) have certain options and should contact the Shareholders Foundation.
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