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Investigation for Investors in shares of Slack Technologies, Inc. (NYSE: WORK) announced

09-11-2019 10:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Slack Technologies, Inc. (NYSE: WORK) shares over potential securities laws violations.

An investigation for investors in Slack Technologies, Inc. (NYSE: WORK) shares over potential securities laws violations.

The Shareholders Foundation ( mail@shareholdersfoundation.com ) announced that an investigation on behalf of investors of Slack Technologies, Inc. (NYSE: WORK) shares over potential securities laws violations by Slack Technologies, Inc. and certain of its directors and officers in connection with certain financial statements was announced.

Investors who purchased shares of Slack Technologies, Inc. (NYSE: WORK), 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 focuses on possible claims on behalf of purchasers of the securities of Slack Technologies, Inc. (NYSE: WORK) concerning whether a series of statements by Slack Technologies, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Francisco, CA based Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Slack Technologies, Inc. reported that its Total Revenue rose from $220.54 million for the 12 months period that ended on January 31, 2018 to $400.55 million for the 12 months period that ended on January 31, 2019.

On or about June 20, 2019, Slack Technologies, Inc sold 118.4 million shares of stock in its initial public stock offering (the "IPO"), at $38.50 a share raising $ 4,559,541,140 in new capital.

On September 4, 2019, Slack Technologies, Inc reported second-quarter fiscal 2019 results and issued its financial outlook for its third quarter and full fiscal year 2020.

Shares of Slack Technologies, Inc. (NYSE: WORK) declined to as low as $23.93 per share on September 3, 2019.

Those who purchased shares of Slack Technologies, Inc. (NYSE: WORK) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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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