An investigation for investors in Nuance Communications, Inc. (NASDAQ: NUAN) shares over potential securities laws violations by Nuance Communications, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 12/13/2018 -- An investigation was announced over potential securities laws violations by Nuance Communications, Inc. in connection with certain financial statements.
Investors who purchased shares of Nuance Communications, Inc. (NASDAQ: NUAN), 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 focuses on whether a series of statements by Nuance Communications, Inc. (NASDAQ: NUAN regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Burlington, MA based Nuance Communications, Inc. provides voice recognition and natural language understanding solutions worldwide. Nuance Communications, Inc. reported that its Total Revenue rose from over $1.93 billion for the 12 months period that ended on September 30, 2017 to over $2.05 billion for the 12 months period that ended on September 30, 2018 and that its Net Loss increased from $150.99 million to $159.92 million over those time periods.
Shares of Nuance Communications, Inc. (NASDAQ: NUAN) declined from as high as $17.88 per share in early November 2018 to as low as $14.95 per share on December 11, 2018.
Those who purchased shares of Nuance Communications, Inc. (NASDAQ: NUAN) have certain options and should contact the Shareholders Foundation.
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