Press release
Deadline on June 6th coming up in Lawsuit for Investors in International Business Machines Corporation (NYSE: IBM)
A Deadline is coming up on June 6, 2022, in the lawsuit for certain investors in International Business Machines Corporation.
Investors who purchased shares of International Business Machines Corporation (NYSE: IBM) have certain options and there are strict and short deadlines running. Deadline: June 6, 2022. NYSE: IBM stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of International Business Machines Corporation (NYSE: IBM) common shares between April 4, 2017, and October 20, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 4, 2017, and October 20, 2021, the Defendants overstated IBM's revenues from its strategic side of the business, by misclassifying and/or shifting revenues from its non-strategic mainframe part of the business, to appease market expectations about the Company's future prospects and boost incentive compensation for its executives
Those who purchased shares of International Business Machines Corporation (NYSE: IBM) 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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