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Investigation announced for Long-Term Investors in shares of VMware, Inc. (NYSE: VMW) Long Term Investor Alert: Investigation of potential Wrongdoing

07-14-2020 03:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in VMware, Inc. (NYSE: VMW) shares over possible breaches of fiduciary d

An investigation on behalf of current long term investors in VMware, Inc. (NYSE: VMW) shares over possible breaches of fiduciary d

An investigation on behalf of current long-term investors in shares of VMware, Inc. (NYSE: VMW) concerning potential breaches of fiduciary duties by certain directors and officers of VMware, Inc. was announced.

Investors who are current long term investors in VMware, Inc. (NYSE: VMW) 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: VMW stocks follows a lawsuit filed against VMware, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: VMW stocks, concerns whether certain VMware, Inc. 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 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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