An investigation for investors in YayYo, Inc. (OTC:YAYO) shares over potential securities laws violations by YayYo, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 07/28/2020 -- An investigation was announced concerning possible securities laws violations by YayYo, Inc. in connection with certain financial statements.
Investors who purchased shares of YayYo, Inc. (OTC: YAYO), 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 focuses on whether a series of statements by YayYo, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Beverly Hills, CA based YayYo, Inc., through its subsidiaries, engages in developing vehicle rental platform in the United States. On or about November 14, 2019, YayYo, Inc. sold about 2.6 million shares of stock in its initial public stock offering (the "IPO"), at $4.00 a share raising nearly $ 10.5 million in new capital. However, since the IPO, YayYo, Inc. shares declined to as low as $0.20 per share on July 08, 2020.
Those who purchased shares of YayYo, Inc. (OTC: YAYO) 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.