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Investigation announced for Investors in shares of Adobe Inc. (NASDAQ: ADBE)

07-16-2020 10:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Adobe Inc. (NASDAQ: ADBE) shares over potential securities laws violations by Adobe Inc.

An investigation for investors in Adobe Inc. (NASDAQ: ADBE) shares over potential securities laws violations by Adobe Inc.

An investigation was announced concerning potential securities laws violations by Adobe Inc. in connection with certain financial statements.

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

San Jose, CA based Adobe Inc. operates as a diversified software company worldwide. Adobe Inc. (NASDAQ: ADBE) reported that its Total Revenue rose from over $9.03 billion for the 12 months period that ended on November 30, 2018 to over $11.17 billion for the 12 months period that ended on November 30, 2019, and that its Net Income over those respective time periods increased from over $2.59 billion to $2.95 billion.

Shares of Adobe Inc. (NASDAQ: ADBE) grew from $207.37 per share in late 2018 to as high as $448.16 per share on July 2, 2020.

Those who purchased shares of Adobe Inc. (NASDAQ: ADBE) 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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