An investigation on behalf of investors in Grubhub Inc. (NYSE: GRUB) shares over potential wrongdoing at Grubhub Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/14/2019 -- Certain directors of Grubhub Inc are under investigation concerning potential breaches of fiduciary duties.
Investors who purchased shares of Grubhub Inc. (NYSE: GRUB) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Grubhub directors breached their fiduciary duties and caused damage to the company and its shareholders.
On July 15, 2019, it was reported that Grubhub Inc. (NYSE: GRUB) registered more than 20,000 web domains, many matching the names of its restaurant customers without their permission. Another claim against the company alleges Grubhub charges erroneous fees to restaurants from phone orders generated through websites it operates. The Small Business Association is reportedly investigating these complaints and New York Senator Chuck Schumer recently demanded that Grubhub change its practices or he would seek the aid of the Federal Trade Commission. This press conference followed similar calls from New York City Council's Mark Gjonaj who asked New York Attorney General Letitia James to launch an antitrust investigation into the company.
Those who purchased shares of Grubhub Inc. (NYSE: GRUB) have certain options and should contact the Shareholders Foundation.
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