An investigation on behalf of current long term investors in Stamps.com Inc. (NASDAQ: STMP) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 05/15/2019 -- An investigation was announced for investors in shares of Stamps.com Inc. (NASDAQ: STMP) concerning potential breaches of fiduciary duties by certain directors and officers of Stamps.com Inc.
Investors who are investors in Stamps.com Inc. (NASDAQ: STMP) shares, 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 for investors in NASDAQ: STMP stocks follows a lawsuit filed against Stamps.com Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: STMP stocks, concerns whether certain Stamps.com directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that the Company's financial results depended on the manipulation of a USPS program that cost USPS an estimated $235 million per year, and that) as a result, the Company's business was unsustainable and its financial results were highly misleading.
Those who purchased shares of Stamps.com Inc. (NASDAQ: STMP) have certain options and should contact the Shareholders Foundation.
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