Press release
Investigation announced for Long-Term Investors in Seer, Inc. (NASDAQ: SEER) shares
An investigation on behalf of investors in Seer, Inc. (NASDAQ: SEER) shares over potential wrongdoing at Seer, Inc. was announced.
Investors who purchased shares of Seer, Inc. (NASDAQ: SEER) 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 Seer, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Redwood City, CA based Seer, Inc., a life sciences company, engages in developing and commercializing products for researchers to unlock biological information.
On November 4, 2021, Bear Cave, a short seller, published a report stating that "the company appears to be a "promotional and misleading" biotech company." The report included allegations of Seer appearing to have misled investors about its recent Chinese distribution partnership, customer base, and management's past track record.
Shares of Seer, Inc. (NASDAQ: SEER) declined from $38.83 per share on November 2, 2021, to as low as $28.93 per share on November 12, 2021.
Those who purchased shares of Seer, Inc. (NASDAQ: SEER) 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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