An investigation on behalf of current long term investors in Stamps.com Inc. (NASDAQ: STMP) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 05/15/2019 -- An investigation was announced for investors in shares of Stamps.com Inc. (NASDAQ: STMP) concerning potential breaches of fiduciary duties by certain directors and officers of Stamps.com Inc.
Investors who are investors in Stamps.com Inc. (NASDAQ: STMP) 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: STMP stocks follows a lawsuit filed against Stamps.com Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: STMP stocks, concerns whether certain Stamps.com 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's financial results depended on the manipulation of a USPS program that cost USPS an estimated $235 million per year, and that) as a result, the Company's business was unsustainable and its financial results were highly misleading.
Those who purchased shares of Stamps.com Inc. (NASDAQ: STMP) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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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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