An investigation on behalf of investors in The Meet Group, Inc. (NASDAQ: MEET) shares over potential wrongdoing at The Meet Group, Inc. was announced and NASDAQ: MEET stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 06/18/2019 -- An investigation was announced on behalf of current long-term investors in shares of The Meet Group, Inc. (NASDAQ: MEET) over potential breaches of fiduciary duties by certain directors at The Meet Group, Inc.
Investors who purchased shares of The Meet Group, Inc. (NASDAQ: MEET) and currently hold any of those NASDAQ: MEET shares 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 concerns whether certain The Meet Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
New Hope. PA based The Meet Group, Inc. operates a portfolio of mobile social entertainment applications to meet the need for human connection worldwide. The Meet Group, Inc. reported that its annual Total Revenue declined from $123.75 million in 2017 to $178.61 million in 2018 and that its Net Loss of $64.59 million in 2017 turned into a Net Income of $1.14 million in 2018.
Shares of The Meet Group, Inc. (NASDAQ: MEET) declined from $6.25 per share in March 2019 to as low as $3.05 per share on June 14, 2019.
Those who purchased shares of The Meet Group, Inc. (NASDAQ: MEET), 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.