Press release
Investigation announced for Long Term Investors who lost money with Porch Group, Inc. (NASDAQ: PRCH) shares
An investigation on behalf of investors in Porch Group, Inc. (NASDAQ: PRCH) shares over potential wrongdoing at Porch Group, Inc.
Investors who purchased shares of Porch Group, Inc. (NASDAQ: PRCH) 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 Porch Group, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
On December 23, 2020, PropTech Acquisition Corporation (NASDAQ: PTAC) ("PropTech" or "PTAC") and Porch.com, Inc. announced that they have closed their business combination. With the closing, the combined company has been renamed "Porch Group, Inc." and its common stock and warrants began trading on The Nasdaq Stock Market ("Nasdaq") under the ticker symbols "PRCH" and "PRCHW" on Thursday, December 24, 2020.
Shares of Porch Group, Inc. (NASDAQ: PRCH) declined to as low as $1.30 per share in October 2022.
Those who purchased shares of Porch Group, Inc. (NASDAQ: PRCH) 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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