Energy News / Shareholders Foundation, Inc.

NASDAQ:MDB Investor Alert: Investigation over Potential Wrongdoing at MongoDB, Inc

Via: ReleaseWire

Updated 12:25 PM CDT, Thu, June 21,2018

An investigation on behalf of investors in MongoDB, Inc. (NASDAQ: MDB) shares over potential wrongdoing at MongoDB, Inc. was announced and NASDAQ: MDB stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 06/21/2018 -- An investigation was announced for investors in shares of MongoDB, Inc. (NASDAQ: MDB) was announced over potential breaches of fiduciary duties by certain MongoDB, Inc directors.

Investors who purchased shares of MongoDB, Inc. (NASDAQ: MDB) and currently hold any of those shares 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 MongoDB officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

New York based MongoDB, Inc. operates as a general purpose database platform worldwide. MongoDB, Inc. reported that its annual Total Revenue rose from $101.35 million for the 12 months period that ended on January 31, 2017 to $154.51 million for the 12 months period that ended on January 31, 2018 and that its Net Loss increased from $86.68 million to $96.35 million over those respective time periods.

Shares of MongoDB, Inc. (NASDAQ: MDB) reached as high as $59.53 per share on June 15, 2018.

Those who purchased shares of MongoDB, Inc. (NASDAQ: MDB), 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

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqmdb-investor-alert-investigation-over-potential-wrongdoing-at-mongodb-inc-999180.htm

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