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Deadline on June 1st coming up in Lawsuit for Investors in VMware, Inc. (NYSE: VMW)

05-18-2020 06:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on June 1, 2020 in the lawsuit for certain investors in VMware, Inc. (NYSE: VMW).

A Deadline is coming up on June 1, 2020 in the lawsuit for certain investors in VMware, Inc. (NYSE: VMW).

A deadline is coming up on June 1, 2020 in the lawsuit filed for certain investors of VMware, Inc. (NYSE: VMW) over alleged securities laws violations by VMware, Inc. (NYSE: VMW).

Investors who purchased shares of VMware, Inc. (NYSE: VMW) have certain options and there are strict and short deadlines running. Deadline: June 1, 2020. NYSE: VMW 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 Northern District of California the plaintiff alleges on behalf of purchasers of VMware, Inc. (NYSE: VMW) common shares between March 30, 2019 and February 27, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 30, 2019 and February 27, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that VMware's reporting with respect to its backlog of unfilled orders was not in compliance with all relevant accounting and disclosure requirements, that the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny and/or investigation, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of VMware, Inc. (NYSE: VMW) 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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