Shareholders Foundation, Inc.

NASDAQ:RVLT Long-Term Investor Alert: Investigation of Potential Wrongdoing at Revolution Lighting Technologies, Inc.

An investigation on behalf of current long term investors in Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NASDAQ: RVLT stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 06/14/2019 -- An investigation on behalf of current long-term investors in shares of Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) concerning potential breaches of fiduciary duties by certain directors and officers of Revolution Lighting Technologies, Inc. was announced.

Investors who are current long term investors in Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) shares, 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 for current long term investors in NASDAQ: RVLT stocks follows a lawsuit filed against Revolution Lighting Technologies, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: RVLT stocks, concerns whether certain Revolution Lighting Technologies, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Company was improperly recognizing revenue for certain transactions, that, as a result, the Company's financial statements were misstated, that the Company lacked adequate internal controls over financial reporting, that, as a result, Company would be subject to regulatory scrutiny and incur substantial costs, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) 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.