Lawsuit filed for Investors in shares of View, Inc. (NASDAQ: VIEW) over alleged Securities Laws Violations

An investor, who purchased shares of View, Inc. (NASDAQ: VIEW), filed a lawsuit in over alleged violations of Federal Securities Laws by View, Inc. f/k/a CF Finance Acquisition Corp. II.

Investors who purchased shares of View, Inc. (NASDAQ: VIEW) have certain options and for certain investors are short and strict deadlines running. Deadline: October 18, 2021. NASDAQ: VIEW investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Milpitas, CA based View Operating Corporation, a technology company, develops, manufactures, and sells smart building products.

On March 8, 2021, CF Finance Acquisition Corp. II, a special purpose acquisition company, and View combined via a Business Combination with View, Inc as the surviving, public entity.

On August 16, 2021, after the market closed, View, Inc. (NASDAQ: VIEW) announced that it "began an independent investigation concerning the adequacy of the company’s previously disclosed warranty accrual."

Shares of View, Inc. (NASDAQ: VIEW) declined from $13.31 per share on January 20, 2021, to as low as $3.45 per share on August 19, 2021.

The plaintiff claims that between November 30, 2020 and August 16, 2021, the Defendants failed to disclose to investors that View had not properly accrued warranty costs related to its product, that there was a material weakness in View’s internal controls over accounting and financial reporting related to warranty accrual, that, as a result, the Company’s financial results for prior periods were misstated, and that as a result, Defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times.

Those who purchased shares of View, Inc. (NASDAQ: VIEW) 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.

This release was published on openPR.