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Investigation announced for Investors in CC Neuberger Principal Holdings II (NYSE: PRPB)

08-25-2021 05:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in CC Neuberger Principal Holdings II (NYSE: PRPB) shares over potential securities laws violations

An investigation for investors in CC Neuberger Principal Holdings II (NYSE: PRPB) shares over potential securities laws violations

An investigation was announced over potential securities laws violations by CC Neuberger Principal Holdings II in connection with certain financial statements.

Investors who purchased shares of CC Neuberger Principal Holdings II (NYSE: PRPB), 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 possible claims on behalf of purchasers of the securities of CC Neuberger Principal Holdings II (NYSE: PRPB) concerning whether a series of statements by CC Neuberger Principal Holdings II regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

New York based CC Neuberger Principal Holdings II, led by Chinh E. Chu, Matthew Skurbe, Douglas Newton, Jason K. Giordano, Charles Kantor and other senior professionals of CC Capital and Neuberger Berman, is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

On July 30, 2020, CC Neuberger Principal Holdings II (the "Company") today announced the pricing of its initial public offering of 72,000,000 units at a price of $10.00 per unit.

Shares of CC Neuberger Principal Holdings II (NYSE: PRPB) declined from $11.13 per share on February 4, 2021 to $9.79 per share on July 29, 2021.

Those who purchased shares of CC Neuberger Principal Holdings II (NYSE: PRPB) 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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