An investigation on behalf of investors in SiTime Corporation (NASDAQ:SITM) shares over potential wrongdoing at SiTime Corporation was announced.
San Diego, CA -- (SBWIRE) -- 03/26/2021 -- Certain directors of SiTime Corporation are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of SiTime Corporation (NASDAQ: SITM) 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 SiTime directors breached their fiduciary duties and caused damage to the company and its shareholders.
Santa Clara, CA based SiTime Corporation, a semiconductor company, provides silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. SiTime Corporation reported that its annual Total Revenue declined from $85.21 million in 2018 to $84.07 million in 2019, and that its Net Loss declined from $9.34 million in 2018 to $6.6 million in 2019.
Shares of SiTime Corporation (NASDAQ: SITM) closed on February 4, 2021, at $129.66 per share.
Those who purchased shares of SiTime Corporation (NASDAQ: SITM) 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.