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Investigation announced for Investors in NYSE" CSPR over potential Securities Laws Violations by Casper Sleep Inc.

05-26-2020 09:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Casper Sleep Inc. (NYSE: CSPR) shares over potential securities laws violations by Casper Sleep.

An investigation for investors in Casper Sleep Inc. (NYSE: CSPR) shares over potential securities laws violations by Casper Sleep.

An investigation on behalf of investors of Casper Sleep Inc. (NYSE: CSPR) shares over potential securities laws violations by Casper Sleep Inc. in connection with certain financial statements was announced.

Investors who purchased shares of Casper Sleep Inc. (NYSE: CSPR), 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 whether a series of statements by Casper Sleep Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

New York based Casper Sleep Inc. provides sleep products to consumers in the United States, Canada, and Europe. On February 7, 2020, shares of Casper Sleep Inc dropped 18% on their second day of trading as a public company, falling below its initial public offering issue price of $12.

The New York Financial Times reported that, "The share price drop gives the company a market capitalization of $437m and comes after Casper had reduced its value in the lead-up to the IPO."

On February 13, 2020, shares of Casper Sleep Inc. (NYSE: CSPR) closed at $10.64 per share.

Those who purchased shares of Casper Sleep Inc. (NYSE: CSPR) 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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