An investigation for investors in Domo, Inc. (NASDAQ: DOMO) shares over potential securities laws violations by Domo, Inc. (NASDAQ: DOMO was announced.
San Diego, CA -- (SBWIRE) -- 01/08/2019 -- An investigation was announced concerning possible violations of securities laws by Domo, Inc. 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 firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Domo, Inc. (NASDAQ: DOMO) concerning whether certain 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.
On January 7, 2019, NASDAQ: DOMO shares closed at $20.27 per share.
Those who purchased shares of Domo, Inc. (NASDAQ: DOMO) have certain options and should contact the Shareholders Foundation.
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About Shareholders Foundation, Inc.
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.