An investigation for former employees of NS8 Inc. over potential securities laws violations by NS8 Inc. was announced and NS8 Inc. former employees should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 09/30/2020 -- An investigation was announced over potential securities laws violations by NS8 Inc. in connection with certain financial statements.
Former employees of NS8 Inc. should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements by NS8 Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 11, 2020, it was reported that just months after raising over $100 million from venture capital investors, NS8 Inc, laid off hundreds of employees after informing them it was under investigation for fraud.
On September 17, 2020 the U.S. attorney's office for the Southern District of New York announced that the founder and CEO of NS8, Inc. was arrested and charged with securities fraud scheme. In the announcement FBI Assistant Director William F. Sweeney Jr. said, among other things, that "Rogas allegedly raised millions of dollars from investors based on fictitious financial affirmations, and in the end, walked away with nearly $17.5 million worth of that money."
Former employees of NS8 Inc. 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.