An investigation on behalf of investors in Carbon Black, Inc. (NASDAQ: CBLK) shares over potential wrongdoing at Carbon Black, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 07/24/2019 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Carbon Black, Inc.
Investors who purchased shares of Carbon Black, Inc. (NASDAQ: CBLK) s 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 Carbon Black directors breached their fiduciary duties and caused damage to the company and its shareholders.
Waltham, MA based Carbon Black, Inc. provides security solutions in the United States and internationally. Its solutions enable customers to predict, prevent, detect, respond to, and remediate cyber-attacks before they cause a damaging incident or data breach. Carbon Black, Inc. went public in May 2018. Carbon Black, Inc. sold 8 million shares at $19 per share in its initial public offering.
Carbon Black, Inc. reported that its annual Total Revenue rose from $160.77 million in 2017 to $209.72 million in 2018 and that its Net Loss declined from $53.21 million in 2017 to $82.05 million in 2018.
Shares of Carbon Black, Inc. (NASDAQ: CBLK) declined from $34.58 per share in June 2018 to as low as $11.80 per share in December 2018.
Those who purchased shares of Carbon Black, Inc. (NASDAQ: CBLK) 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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