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Investigation announced for Investors in NASDAQ: OTMO shares over potential Wrongdoing at Otonomo Technologies Ltd.

02-13-2023 06:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Otonomo Technologies Ltd. (NASDAQ: OTMO) shares over potential wrongdoing.

An investigation on behalf of investors in Otonomo Technologies Ltd. (NASDAQ: OTMO) shares over potential wrongdoing.

An investigation was announced for investors in shares of Otonomo Technologies Ltd. (NASDAQ: OTMO) over potential breaches of fiduciary duties by certain directors at Otonomo Technologies Ltd.

Investors who purchased shares of Otonomo Technologies Ltd. (NASDAQ: OTMO) 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 Otonomo Technologies Ltd. (directors breached their fiduciary duties and caused damage to the company and its shareholders.

Israel based Otonomo Technologies Ltd. provides an automotive data service platform and marketplace that enables car manufacturers, drivers, and service providers to be part of a connected ecosystem. On August 13, 2021: Otonomo Technologies Ltd. and Software Acquisition Group Inc. II (Nasdaq: SAII) announced the completion of their business combination.

Shares of Otonomo Technologies Ltd. (NASDAQ: OTMO) declined to as low as $0.20 per share on October 13, 2022.

Those who purchased shares of Otonomo Technologies Ltd. (NASDAQ: OTMO) 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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