An investigation on behalf of current long term investors in Box Inc (NYSE: BOX) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/29/2019 -- Certain directors of Box Inc are under investigation concerning potential breaches of fiduciary duties by.
Investors who are current long term investors in Box Inc (NYSE: BOX) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
long term investors in NYSE: BOX stocks follows a lawsuit filed against Box Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: BOX stocks, concerns whether certain Box directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants failed to disclose to investors that the Company was unable to close large deals within the quarter, that, as a result, the Company's revenue would be materially impacted, 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 Box Inc (NYSE: BOX) have certain options and should contact the Shareholders Foundation.
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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.