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Investigation announced for Long-Term Investors in shares of AgEagle Aerial Systems, Inc. (NYSE: UAVS)

05-18-2021 10:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in AgEagle Aerial Systems, Inc. (NYSE: UAVS) shares.

An investigation on behalf of current long term investors in AgEagle Aerial Systems, Inc. (NYSE: UAVS) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of AgEagle Aerial Systems, Inc.

Investors who are current long term investors in AgEagle Aerial Systems, Inc. (NYSE: UAVS) 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: UAVS stocks follows a lawsuit filed against AgEagle Aerial Systems, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: UAVS stocks, concerns whether certain AgEagle Aerial Systems, 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 Central District of California the plaintiff alleges that, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that AgEagle did not have a partnership with Amazon and in fact never had any relationship with Amazon, that rather than correct the public’s understanding about a partnership with Amazon, defendants were actively contributing to the rumor that AgEagle had a partnership with Amazon, and that as a result, defendants’ statements about AgEagle’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of AgEagle Aerial Systems, Inc. (NYSE: UAVS) 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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