Energy News / Shareholders Foundation, Inc.

NASDAQ: IZEA Shareholder Notice: Investigation over Potential Wrongdoing at IZEA, Inc.

Via: ReleaseWire

Updated 11:15 AM CST, Mon, December 03,2018

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

San Diego, CA -- (SBWIRE) -- 12/03/2018 -- An investigation was announced for current long-term investors in shares of IZEA, Inc. (NASDAQ: IZEA) over potential breaches of fiduciary duties by certain officers and directors at IZEA, Inc.

Investors in shares of IZEA, Inc. (NASDAQ: IZEA) 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 concerns whether certain IZEA, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

On April 04, 2018, a lawsuit was filed against IZEA, Inc. (NASDAQ: IZEA) over alleged violations of Federal Securities Laws. The plaintiff claimed that between May 15, 2015 and April 3, 2018, the defendants made false and/or misleading statements and/or failed to disclose that IZEA, Inc. was misreporting revenue from the Company's Content Workflow services as gross amounts billed to marketers instead of on a net transaction basis, that the amount IZEA previously reported as gross profit on Content Workflow should be the amount reported as revenue, that IZEA lacked adequate internal controls, and that as a result, Defendants' public statements were materially false and misleading at all relevant times

Those who purchased shares of IZEA, Inc. (NASDAQ: IZEA) 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-izea-shareholder-notice-investigation-over-potential-wrongdoing-at-izea-inc-1096550.htm

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