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NASDAQ: DBX Investor Alert: Deadline on December 3, 2019 in Lawsuit Against Dropbox, Inc.

Via: ReleaseWire

Updated 12:00 PM CST, Tue, December 03,2019

A Deadline is coming up on December 3, 2019 in the lawsuit for certain investors in Dropbox, Inc. (NASDAQ: DBX) and NASDAQ: DBX stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 12/03/2019 -- The Shareholders Foundation announced that a deadline is coming up on December 3, 2019 in the lawsuit filed for certain investors of Dropbox, Inc. (NASDAQ: DBX) over alleged securities laws violations by Dropbox, Inc.

Investors who purchased shares of Dropbox, Inc. (NASDAQ: DBX) have certain options and there are strict and short deadlines running. Deadline: December 3, 2019. NASDAQ: DBX stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Dropbox, Inc. (NASDAQ: DBX) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that Dropbox had materially overstated its ability to monetize its user base, that Dropbox was facing worsening revenue trends that were negatively impacting the Company at the time of the IPO, that Dropbox was tracking below its internal revenue and monetization targets at the time of the IPO, and that as a result, defendants' statements about Dropbox's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Those who purchased shares of Dropbox, Inc. (NASDAQ: DBX) 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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaq-dbx-investor-alert-deadline-on-december-3-2019-in-lawsuit-against-dropbox-inc-1266897.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com