An investigation for investors in Cyxtera Technologies, Inc. (NASDAQ:CYXT) shares over potential securities laws violations by Cyxtera Technologies, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 05/30/2023 -- Cyxtera Technologies, Inc. is under investigation concerning potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Cyxtera Technologies, Inc. (NASDAQ: CYXT), 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 Cyxtera Technologies, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On February 22, 2021, Cyxtera Technologies, Inc. and Starboard Value Acquisition Corp. (NASDAQ: SVAC), a publicly traded special purpose acquisition company, announced the signing of a definitive business combination agreement.
On July 29, 2021 – Cyxtera Technologies, Inc. announced it has completed its business combination with Starboard Value Acquisition Corp. (NASDAQ: SVAC).
On July 30, 2021, Cyxtera's shares of Class A common stock began trading on The Nasdaq Global Select Market (the "Nasdaq") under the symbol "CYXT" and its warrants under the symbol "CYXTW."
Since then, shares of Cyxtera Technologies, Inc. (NASDAQ: CYXT) declined from $15.42 per share on June 06, 2022, to as low as $0.141 per share on May 22, 2023.
Those who purchased shares of Cyxtera Technologies, Inc. (NASDAQ: CYXT) have certain options and should contact the Shareholders Foundation.
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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.