An investigation on behalf of investors in SRAX, Inc. (NASDAQ:SRAX) shares over potential wrongdoing at SRAX, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 12/11/2020 -- An investigation on behalf of investors in shares of SRAX, Inc. (NASDAQ: SRAX) was announced over potential breaches of fiduciary duties by certain officers and directors at SRAX, Inc.
Investors who purchased shares of SRAX, Inc. (NASDAQ: SRAX 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 SRAX, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Los Angeles, CA based SRAX, Inc., a digital marketing and data technology company, provides tools to reach consumers with marketing and advertising communication in the United States.
SRAX, Inc. Reported that its annual Total Revenue declined from $9.88 million in 2018 to $3.58 million in 2019, and that normalized Loss declined from $19.07 million in 2018 to $18.57 million in 2019.
Shares of SRAX, Inc. (NASDAQ: SRAX) declined from $3.31 per share on November 16, 2020 to as low as $2.37 per share on December 9, 2020.
Those who purchased shares of SRAX, Inc. (NASDAQ: SRAX), 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.