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Investigation announced for Long Term Investors in shares of Cisco Systems, Inc. (NASDAQ: CSCO) I

07-06-2020 06:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Cisco Systems, Inc. (NASDAQ: CSCO) shares over potential securities laws violations by Cisco.

An investigation for investors in Cisco Systems, Inc. (NASDAQ: CSCO) shares over potential securities laws violations by Cisco.

An investigation was announced concerning potential securities laws violations by Cisco Systems, Inc. and certain of its directors and officers in connection with certain statements.

Investors who purchased shares of Cisco Systems, Inc. (NASDAQ: CSCO), 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 Cisco Systems, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Jose, CA based Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. Cisco Systems, Inc. reported that its Total Revenue rose from over $49.33 billion for the 12 months period that ended on July 31, 2018 to over $51.9 billion for the 12 months period that ended on July 31, 2019, and that its Net Income increased over those respective time periods from $111 million to $11.62 billion.

Shares of Cisco Systems, Inc. (NASDAQ: CSCO) declined from $58.23 per share in July 2019 to as low as $32.40 per share on March 16, 2020.

Those who purchased shares of Cisco Systems, Inc. (NASDAQ: CSCO) 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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