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Investigation announced for Investors in Asana, Inc. (NYSE: ASAN) over potential Wrongdoing

05-13-2022 10:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Asana, Inc. (NYSE: ASAN) shares over potential wrongdoing at Asana, Inc. was announced.

An investigation on behalf of investors in Asana, Inc. (NYSE: ASAN) shares over potential wrongdoing at Asana, Inc. was announced.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Asana, Inc.

Investors who purchased shares of Asana, Inc. (NYSE: ASAN) 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 Asana, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

San Francisco, CA based Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Asana, Inc. reported that its Total Revenue rose from $227 million for the 12 months period that ended on January 31, 2021, to $378.43 million for the 12 months period that ended on January 31, 2022, and that its Net Loss over those respective time periods increased from $211.71 million to $288.34 million.

Shares of Asana, Inc. (NYSE: ASAN) declined from $145.79 per share on November 15, 2021, to as low as $17.87 per hsare on May 12, 2022.

Those who purchased shares of Asana, Inc. (NYSE: ASAN), have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
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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