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Investigation announced for Long-Term Investors in shares of View, Inc. (NASDAQ: VIEW)

11-09-2021 04:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in View, Inc. (NASDAQ: VIEW) shares.

An investigation on behalf of current long term investors in View, Inc. (NASDAQ: VIEW) shares.

An investigation was announced over possible breaches of fiduciary duties by certain directors of View, Inc..

Investors who are current long term investors in View, Inc. (NASDAQ: VIEW) 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 NASDAQ: VIEW stocks follows a lawsuit filed against View, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: VIEW stocks, concerns whether certain View, Inc. officers and 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 Northern District of California the plaintiff alleges that, 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.

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