An investigation on behalf of current long term investors in Everbridge, Inc. (NASDAQ:EVBG) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/06/2022 -- Certain directors of Everbridge, Inc. are under investigation concerning potential breaches of fiduciary duties.
Investors who are investors in Everbridge, Inc. (NASDAQ: EVBG) 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: EVBG stocks follows a lawsuit filed against Everbridge, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: EVBG stocks, concerns whether certain Everbridge, Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the Defendants misled investors by failing to disclose that Everbridge was experiencing integration problems with respect to these acquisitions, by using the revenues from these acquisitions to mask increasingly stagnant organic growth, and by failing to disclose that the COVID pandemic was having a material impact on the size of the deals that Everbridge was able to obtain, with a negative effect on the Company's revenue growth.
Those who purchased shares of Everbridge, Inc. (NASDAQ: EVBG) have certain options and should contact the Shareholders Foundation.
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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.