An investigation on behalf of investors in ECMOHO Limited (NASDAQ:MOHO) shares over potential wrongdoing at ECMOHO Limited was announced.
San Diego, CA -- (SBWIRE) -- 08/27/2020 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at ECMOHO Limited.
Investors who purchased shares of ECMOHO Limited (NASDAQ: MOHO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain ECMOHO Limited directors breached their fiduciary duties and caused damage to the company and its shareholders.
China based ECMOHO Limited, an investment holding company, operates as an integrated solution provider in the non-medical health and wellness market.
On March 30, 2020, ECMOHO Limited announced its preliminary financial results for fiscal year 2019, reporting revenue between $329 million and $330 million and net income between $3.1 million and $3.7 million.
Shares of ECMOHO Limited (NASDAQ: MOHO) declined from $9.50 per share on March 20, 2020 to as low as $2.59 per share on June 16, 2020.
Those who purchased shares of ECMOHO Limited (NASDAQ: MOHO) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
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.