Shift Technologies, Inc. (NASDAQ:SFT) Investor Alert: Investigation over Possible Breaches of Fiduciary Duties by Certain Directors

An investigation on behalf of investors in Shift Technologies, Inc. (NASDAQ:SFT) shares over potential wrongdoing at Shift Technologies, Inc. was announced.


San Diego, CA -- (SBWire) -- 04/14/2023 --An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Shift Technologies, Inc.

Investors who purchased shares of Shift Technologies, Inc. (NASDAQ: SFT) have certain options and should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Shift Technologies, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

San Francisco, CA based Shift Technologies, Inc., together with its subsidiaries, provides an ecommerce platform for buying and selling used cars. On October 13, 2020, Shift Technologies, Inc. and Insurance Acquisition Corp. (Nasdaq: INSU), a publicly traded special purpose acquisition company sponsored by Cohen & Company (NYSE American: COHN), announced the closing of their business combination.

Shift Technologies, Inc. (NASDAQ: SFT) declined to as low as $1.06 per share on April 05, 2023.

Those who purchased shares of Shift Technologies, Inc. (NASDAQ: SFT) have certain options and should contact the Shareholders Foundation.

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

About The Shareholders Foundation
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.

Media Relations Contact

Michael Daniels
Shareholders Foundation, Inc.

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