Press release
Investigation announced for Investors in shares of Cerence Inc. (NASDAQ: CRNC)
An investigation for investors in Cerence Inc. (NASDAQ: CRNC) shares over potential securities laws violations by Cerence Inc.
Investors who purchased shares of Cerence Inc. (NASDAQ: CRNC), 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 whether a series of statements by Cerence Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Burlington, MA based Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. On December 15, 2021, Cerence announced that Chief Executive Sanjay Dhawan had resigned. As per the Boston Business Journal, a spokesperson for Cerence declined to comment on the reasons behind Dhawan's resignation. Shares of Cerence Inc. (NASDAQ: CRNC) declined from $79.67 per share on December 13, 2021, to $63.00 per share on December 15, 2021.
Those who purchased shares of Cerence Inc. (NASDAQ: CRNC) 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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