Energy News / Shareholders Foundation, Inc.

NYSE:CRCM Shareholder Notice: Lawsuit Alleges Securities Laws Violations by Care.com, Inc.

Via: ReleaseWire

Updated 10:50 AM CDT, Thu, April 18,2019

A lawsuit was filed on behalf of investors in Care.com, Inc. (NYSE: CRCM) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 04/18/2019 -- An investor, who purchased shares of Care.com, Inc. (NYSE: CRCM), filed a lawsuit over alleged violations of Federal Securities Laws by Care.com, Inc.

Investors who purchased shares of Care.com, Inc. (NYSE: CRCM) have certain options and for certain investors are short and strict deadlines running. Deadline: June 3, 2019. NYSE: CRCM investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On March 8, 2019, the Wall Street Journal published an article titled "Care.com Puts Onus on Families to Check Caregivers' Backgrounds – With Sometimes Tragic Outcomes." Care.com, Inc. reported that its annual Total Revenue rose from $174.09 million in 2017 to 192.26 million in 2018 and that its Net Income increased from $10.66 million in 2017 to $52.89 million in 2018.

On March 8, 2019, an article was published titled "Care.com Puts Onus on Families to Check Caregivers' Backgrounds – With Sometimes Tragic Outcomes."

The plaintiff claims that between March 27, 2015 and April 1, 2019, the Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts, with respect to the manner in which the Company vets the caregivers and day-care providers listed on its website.

Those who purchased shares of Care.com, Inc. (NYSE: CRCM) 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/nysecrcm-shareholder-notice-lawsuit-alleges-securities-laws-violations-by-carecom-inc-1197838.htm

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