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Investigation announced for Investors in NASDAQ: SITM shares over possible Wrongdoing at SiTime Corporation

03-20-2021 02:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in SiTime Corporation (NASDAQ: SITM) shares over potential wrongdoing at SiTime Corp.

An investigation on behalf of investors in SiTime Corporation (NASDAQ: SITM) shares over potential wrongdoing at SiTime Corp.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at SiTime Corporation.

Investors who purchased shares of SiTime Corporation (NASDAQ: SITM) 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 SiTime directors breached their fiduciary duties and caused damage to the company and its shareholders.

Santa Clara, CA based SiTime Corporation, a semiconductor company, provides silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. SiTime Corporation reported that its annual Total Revenue declined from $85.21 million in 2018 to $84.07 million in 2019, and that its Net Loss declined from $9.34 million in 2018 to $6.6 million in 2019.

Shares of SiTime Corporation (NASDAQ: SITM) closed on February 4, 2021, at $129.66 per share.

Those who purchased shares of SiTime Corporation (NASDAQ: SITM) 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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