An investigation on behalf of investors in Super Group (SGHC) Limited (NYSE:SGHC) shares over potential wrongdoing at Super Group (SGHC) Limited was announced.
San Diego, CA -- (SBWIRE) -- 10/07/2022 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Super Group (SGHC) Limited.
Investors who purchased shares of Super Group (SGHC) Limited (NYSE: SGHC) 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 Super Group (SGHC) Limited officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Guernsey based Super Group (SGHC) Limited operates as an online sports betting and gaming operator.
Super Group (SGHC) Limited reported that its annual Total Revenueincreased from $908.01 million in 2020 to over $1.32 billion in 2021, and that its Net Income increased from $149.21 million in 2020 to $235.87 million in 2021.
On May 25, 2022, Super Group (SGHC) Limited withdrew its fiscal 2022 guidance, which it had provided the prior month, stating that "[g]iven the volatility we've seen and known uncertainties, we're working on a reforecast for 2022 and should be able to provide an update about our expectations when we release second quarter results in August."
Shares of Super Group (SGHC) Limited (NYSE: SGHC) declined from $11.09 per share on April 13, 2022, to as low as $3.90 per share on June 30, 2022.
Those who purchased shares of Super Group (SGHC) Limited (NYSE: SGHC) have certain options and should contact the Shareholders Foundation.
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