Press release
Investigation announced for Investors in shares of Model N, Inc. (NYSE: MODN) over potential Wrongdoing
An investigation on behalf of investors in Model N, Inc. (NYSE: MODN) shares over potential wrongdoing at Model N, Inc.
Investors who purchased shares of Model N, Inc. (NYSE: MODN) 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 Model N directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Mateo, CA based Model N, Inc. provides revenue management cloud solutions for the life sciences and high tech industries.
Model N Inc reported that its Total Revenue rose from $141.23 million for the 12 months period that ended on Sept. 30, 2019 to $161.05 million for the 12 months period that ended on Sept. 30, 2020, and that its normalized Loss declined from $19.29 million to $13.66 million.
Shares of Model N, Inc. (NYSE: MODN) closed on January 20, 2020, at $38.48 per share.
Those who purchased shares of Model N, Inc. (NYSE: MODN) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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