openPR Logo
Press release

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

02-13-2020 05:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Slack Technologies, Inc. (NYSE: WORK) shares.

An investigation on behalf of current long term investors in Slack Technologies, Inc. (NYSE: WORK) shares.

An investigation was announced over potential breaches of fiduciary duties by certain directors of Slack Technologies, Inc.

Investors who are current long term investors in Slack Technologies, Inc. (NYSE: WORK) shares, 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 for current long term investors in NYSE: WORK stocks follows a lawsuit filed against Slack Technologies, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: WORK stocks, concerns whether certain Slack Technologies directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants failed to disclose to investors that the Company's Slack Platform was susceptible to recurring service-level disruptions, that such disruptions were increasingly likely to occur as the Company scaled its services to a larger user base, that the Company provides credits even if a customer was not specifically affected by service-level disruptions, that, as a result, any service-level disruptions would have a material adverse impact on the Company's financial results, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation for Long-Term Investors in shares of Slack Technologies, Inc. (NYSE: WORK) here

News-ID: 1931792 • Views: 232

More Releases from Shareholders Foundation

Investigation announced for Investors in NYSE: NOVA shares over potential Wrongd …
An investigation on behalf of investors in shares of Sunnova Energy International Inc. (NYSE: NOVA) was announced over potential breaches of fiduciary duties by certain officers and directors at Sunnova Energy International Inc. Investors who purchased shares of Sunnova Energy International Inc. (NYSE: NOVA) 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 Sunnova Energy
Investigation for Investors in E*TRADE Financial Corporation (NASDAQ: ETFC) over …
An investigation was announced concerning whether the takeover of E*TRADE Financial Corporation is unfair to NASDAQ: ETFC stockholders. Investors who purchased shares of E*TRADE Financial Corporation (NASDAQ: ETFC) and currently hold any of those NASDAQ: ETFC shares 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 officers and directors of E*TRADE Financial Corporation breached their
Investigation announced for Long Term Investors in shares of Altria Group, Inc. …
Certain directors of Altria Group, Inc are under investigation concerning potential breaches of fiduciary duties. Investors who are current long term investors in Altria Group, Inc. (NYSE: MO) shares, 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 for investors in NYSE: MO stocks follows a lawsuit filed against Altria Group, Inc. over alleged securities laws violations.
Investigation announced for Long-Term Investors in NASDAQ: MDXG shares over poss …
An investigation was announced concerning possible breaches of fiduciary duties by certain directors at MiMedx Group Inc. Investors who purchased shares of MiMedx Group Inc (NASDAQ: MDXG) and currently hold any of those NASDAQ: MDXG shares 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 MiMedx Group directors breached their fiduciary duties and caused damage

All 5 Releases


More Releases for Slack

Slack Wax Market Key Players- Research Forecasts To 2018-2026
Slack Wax Market: Overview Slack wax is a complex combination of hydrocarbons that are obtained from a petroleum fraction through the process of solvent crystallization or as a distillation fraction from waxy crude. Slack wax is a petroleum product, which is also a raw material used in the manufacture of paraffin wax. Slack wax is a mixture of oil and wax, which is brown and yellow in color. In order to
LambdaTest Rolls Out All New Slack App
LambdaTest rolled out its all new Slack Application to help users take automated screenshot of any website from slack itself. San Francisco, 29th October 2018. LambdaTest, a globally renowned Cross Browser Testing platform today rolled out its all new Slack Application that will help users to take full page automated screenshot of any website with a single command from Slack itself. While announcing the news, Mr. Asad Khan, Co-Founder & CEO LambdaTest
Slack Wax Market Report 2018: Segmentation by Type (Slack Wax LMO, Slack Wax SPO …
Global Slack Wax market research report provides company profile for Exxon Mobil Corporation, PT Pertamina, ATDM Co., Ltd., Industrial Raw Materials LLC, Hase Petroleum Wax Co. Ltd., Alpha Wax, Royal Dutch Shell PLC, BP PLC and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth
Global Automotive Slack Market 2018 -MEI, Wabco, Accuride, Stemco
Apex Market Reports, recently published a detailed market research study focused on the “Automotive Slack Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Slack Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Automotive Slack on
Global Slack Wax Market Research Report 2017 : BP, IRPC, Pertamina
Qyresearchreports include new market research report "Global Slack Wax Market Research Report 2017" to its huge collection of research reports. This report on the global Slack Wax market is exhaustively detailed and precise, giving new entrants as well as those established, a clear idea as to what factors will aid them towards their journey in this competitive market and which factors will act as growth impeders. The report specifies in much
report studies the Slack Wax market. Slack wax is a mixture of oil and wax
This report studies the Slack Wax market. Slack wax is a mixture of oil and wax, obtained from lubricating oil. Slack wax is the crude wax produced by chilling and solvent filter-pressing wax distillate. It serves as feedstock and that is further refined and blended to create value-added petroleum wax products. Scope of the Report: This report focuses on the Slack Wax in United States market, to split the market based on