An investigation on behalf of current long term investors in NetApp, Inc. (NASDAQ: NTAP) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NASDAQ: NTAP stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 02/06/2020 -- Certain directors of NetApp, Inc. are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in NetApp, Inc. (NASDAQ: NTAP) shares, have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: NTAP stocks follows a lawsuit filed against NetApp, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: NTAP stocks, concerns whether certain NetApp, directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Company was unable to close large deals within the quarter and that the deals were pushed out to subsequent quarters or downsized, that the Company's revenue would be materially impacted, that the Company would lower its fiscal 2020 guidance, and that as a result, NetApp's public statements were materially false and misleading at all relevant times
Those who purchased shares of NetApp, Inc. (NASDAQ: NTAP) have certain options and should contact the Shareholders Foundation.
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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.
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