Energy News / Shareholders Foundation, Inc.

NASDAQ:SVMK Shareholder Notice: Investigation over Potential Wrongdoing at SVMK Inc.

Via: ReleaseWire

Updated 11:15 AM CDT, Wed, March 13,2019

An investigation on behalf of investors in SVMK Inc. (NASDAQ: SVMK) shares over potential wrongdoing at SVMK Inc. was announced.

San Diego, CA -- (SBWIRE) -- 03/13/2019 -- An investigation was announced for investors in shares of SVMK Inc. (NASDAQ: SVMK) over potential breaches of fiduciary duties by certain directors at SVMK Inc.

Investors who purchased shares of SVMK Inc. (NASDAQ: SVMK) 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 SVMK directors breached their fiduciary duties and caused damage to the company and its shareholders.

San Mateo, CA based SVMK Inc. is the parent company of SurveyMonkey Inc., that develops online survey software to Fortune 100 companies, other businesses, academic institutions, organizations, and individuals worldwide. SVMK Inc. reported that its annual Total Revenue rose from $207.29 million in 2016 to $218.77 million in 2017 and that its Net Loss declined from $76.35 million in 2016 to $24.01 million in 2017. SVMK Inc. went public on September 26, 2018 and shares reached $20.00 on the first day of trading.

Those who purchased shares of SVMK Inc. (NASDAQ: SVMK) 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

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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqsvmk-shareholder-notice-investigation-over-potential-wrongdoing-at-svmk-inc-1170176.htm

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