openPR Logo
Press release

Investigation announced for Investors in Unity Software Inc. (NYSE: U) over potential Wrongdoing

06-30-2022 04:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Unity Software Inc. (NYSE: U) shares over potential wrongdoing at Unity Software Inc.

An investigation on behalf of investors in Unity Software Inc. (NYSE: U) shares over potential wrongdoing at Unity Software Inc.

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

Investors who purchased shares of Unity Software Inc. (NYSE: U) 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 Unity Software Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

San Francisco, CA based Unity Software Inc. creates and operates an interactive real-time 3D content platform. Unity Software Inc. reported that its annual Total Revenue rose from $772.44 million in 2020, to over $1.11 billion in 2021, and that its Net Loss increased from $282.30 million in 2020, to $532.6 million in 2021.
On May 11, 2022, Unity Software Inc. reported its earnings for the first quarter of 2022.
On May 10, 2022, Unity Software Inc announced its first quarter 2022 financial results. The Company also reduced its fiscal 2022 guidance "due to challenges with monetization products." Specifically, "a fault in [Unity's] platform . . . resulted in reduced accuracy for [its] Audience Pinpointer tool, a revenue expensive issue given that [the] Pinpointer tool experienced significant growth post the IDFA changes."

Shares of Unity Software Inc. (NYSE: U) declined from $105.88 per share on March 30, 2022, to as low as $29.09 per share on May 12, 2022.

Those who purchased shares of Unity Software Inc. (NYSE: U) 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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors in Unity Software Inc. (NYSE: U) over potential Wrongdoing here

News-ID: 2666973 • Views: 296

More Releases from Shareholders Foundation

Lawsuit filed for Investors in shares of Enochian Biosciences, Inc. (NASDAQ: ENO …
An investor, who purchased shares of Enochian Biosciences, Inc. (NASDAQ: ENOB), filed a lawsuit over alleged violations of Federal Securities Laws by Enochian Biosciences, Inc. Investors who purchased shares of Enochian Biosciences, Inc. (NASDAQ: ENOB) have certain options and for certain investors are short and strict deadlines running. Deadline: September 26, 2022. NASDAQ: ENOB investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. Los Angeles, CA based
Romeo Power, Inc. (NYSE: RMO) Investor Notice: Investigation over potential Wron …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Romeo Power, Inc. Investors who purchased shares of Romeo Power, Inc. (NYSE: RMO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. On April 16, 2021, a lawsuit was filed against Romeo Power, Inc. over alleged securities laws violations. The plaintiff alleged that Romeo Power, Inc was
Investigation announced for Investors in Atara Biotherapeutics, Inc. (NASDAQ: AT …
An investigation was announced over potential securities laws violations by Atara Biotherapeutics, Inc. in connection with certain financial statements. Investors who purchased shares of Atara Biotherapeutics, Inc. (NASDAQ: ATRA), 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 Atara Biotherapeutics, Inc. regarding its business, its prospects and its operations were
Deadline on August 16th coming up in Lawsuit for Investors in Yext, Inc. (NYSE: …
A deadline is coming up on August 16, 2022 in the lawsuit filed for certain investors of Yext, Inc. (NYSE: YEXT) over alleged securities laws violations by Yext, Inc. Investors who purchased shares of Yext, Inc. (NYSE: YEXT) have certain options and there are strict and short deadlines running. Deadline: August 16, 2022. NYSE: YEXT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. According to the

All 5 Releases


More Releases for Unity

Afridex 2019 - The Global Blockchain Unity Conference in Africa.
This September, Cape Town, South Africa will host Afridex 2019. It is the first event of a series of 7 to take place annually on a different continent by WorldDex Events. Afridex began with a vision by founder, Tameez Abramjee, a 27-year-old crypto and blockchain entrepreneur from Pretoria, South Africa. Tameez's entrepreneurial journey had taken him on a roller coaster since early 2017. His experience has a story that would seem
JMA Pilani Celebrates Rashtriya Ekta Diwas – National Unity Day
Sardar Patel indeed consolidated the country into one united whole in a unique manner. For his vision and mission carried out with passion, Sardar Patel is often referred as Chanakya of modern India. The history of India today would have been different had the London educated barrister Sardar Patel with a true heart of a Hindustani not been the Deputy Prime Minister when India became independent in 1947. At the time
CHETU ANNOUNCES PARNTERSHIP WITH UNITY
Plantation, Fla. (June 19th 2017) – For 17 years, Chetu has provided custom technology solutions to businesses worldwide. In that time, Chetu has grown from a small 2 person company to a mid-sized software development firm with over 1200 employees. On the path to progress, Chetu has developed partnerships with various companies and today, Chetu proudly announces a partnership with Unity, one of the most renowned names in the gaming
Progress through Unity
rational motion and TM4 at the eCarTec 2012. Cologne, 07 November 2012 The eCarTec in Munich is Germany’s leading electromobility trade show. While the focus last year was still on various new vehicle models with electric and hybrid powertrains, this year’s show, from 23-25 October 2012, turned the spotlight on the innovations in suppliers’ components, services and technologies. Particularly in the sector of motor and component manufacturers, many new actors are pushing
GamersFirst Anounces First Unity 3D - Based MMORPG, Hailan Rising
Free2Play MMO Publisher Releases Debut Title Game Developer Conference, San Francisco / Irvine, Calif. / Heidelberg, Germany, March 02, 2011 GamersFirst announces Reloaded Productions’ first wholly developed MMO title, Hailan Rising; in partnership with Glass Egg and Mixamo. “Hailan Rising” will be the industry’s first full scale PVP-based Fantasy MMORPG developed in Unity 3D and using the Mixamo.com animation system. Players will find themselves as survivors in the post-apocalyptic fantasy world of
Unity Infrastructure opts for Recruitment Automation
Pune, August 10, 2010 -Unity Infraprojects Ltd. a leading name in the infrastructure development sector chose Talentpool, the flagship product of Nitman Software to streamline and improve its hiring processes. In the infrastructure industry, hiring and deployment of people has to happen quickly when new projects come. So having a ready database is very crucial. It becomes all the more important since most candidates are not registered on any of the