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Domo, Inc. (NASDAQ: DOMO) Investor Alert: Deadline in Lawsuit on December 16, 2019

12-14-2019 02:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on December 16, 2019 in the lawsuit for certain investors in Domo, Inc. (NASDAQ: DOMO).

A Deadline is coming up on December 16, 2019 in the lawsuit for certain investors in Domo, Inc. (NASDAQ: DOMO).

The Shareholders Foundation announced that a deadline is coming up on December 16, 2019 in the lawsuit filed for certain investors of Domo, Inc. (NASDAQ: DOMO) over alleged securities laws violations by Domo, Inc.

Investors who purchased shares of Domo, Inc. (NASDAQ: DOMO) have certain options and there are strict and short deadlines running. Deadline: December 16, 2019. NASDAQ: DOMO stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of Utah the plaintiff alleges on behalf of purchasers of Domo, Inc. (NASDAQ: DOMO) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Offering Documents which were filed in connection with the company’s IPO and that the Defendants made false and/or misleading statements and/or failed to disclose that Domo was experiencing weakness in its enterprise and international businesses, that Domo’s billings growth had dramatically slowed, that all of the foregoing was reasonably likely to have a material negative impact on the Company’s financial results, and that as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein and the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of Domo, Inc. (NASDAQ: DOMO) 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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