Press release
Investigation announced for Investors in shares of Forward Industries, Inc. (NASDAQ: FORD)
An investigation on behalf of investors in Forward Industries, Inc. (NASDAQ: FORD) shares over potential wrongdoing.
Investors who purchased shares of Forward Industries, Inc. (NASDAQ: FORD 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 concerns whether certain Forward Industries directors breached their fiduciary duties and caused damage to the company and its shareholders.
Hauppauge, NY based Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for hand held electronic devices. Forward Industries, Inc. reported that its Total Revenue declined from $37.40 million for the 12 months period that ended on September 30, 2019, to $34.47 million for the 12 months period that ended on September 30, 2020, and that its normalized Loss declined from 33.4 million to $1.29 million over those respective time periods.
Shares of Forward Industries, Inc. (NASDAQ: FORD) closed on January 26, 2021, at $3.89 per share.
Those who purchased shares of Forward Industries, Inc. (NASDAQ: FORD), 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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