An investigation for investors in Qualtrics International Inc. (NASDAQ: XM) shares over potential securities laws violations by Qualtrics International Inc. was announced.
San Diego, CA -- (SBWIRE) -- 03/20/2023 -- Qualtrics International Inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Qualtrics International Inc. (NASDAQ: XM), 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 Qualtrics International Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Provo, UT based Qualtrics International Inc. operates an experience management platform to design and manage customer, employee, product, and brand experiences worldwide.
Qualtrics International Inc. reported that its annual Total Revenue rose from over $1.07 billion in 2021 to over $1.45 billion in 2022 and that its Net Loss increased from over $1.05 billion in 2021to over $1.06 billion in 2022.
Shares of Qualtrics International Inc. (NASDAQ: XM) declined from $49.03 per share in September 2021, to as low as $9.30 per share in October 2022.
On March 17, 2023, NASDAQ: XM shares closed at $17.65 per share.
Those who purchased shares of Qualtrics International Inc. (NASDAQ: XM) 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:
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.