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Investors who lost money with shares of Sonder Holdings Inc. (NASDAQ: SOND) should contact the Shareholders Foundation

08-23-2023 11:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Sonder Holdings Inc. (NASDAQ: SOND) shares over potential securities laws violations.

An investigation for investors in Sonder Holdings Inc. (NASDAQ: SOND) shares over potential securities laws violations.

An investigation was announced for investors of Sonder Holdings Inc. (NASDAQ: SOND) shares over potential securities laws violations by Sonder Holdings Inc.

Investors who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND), 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 possible claims on behalf of purchasers of the securities of Sonder Holdings Inc. (NASDAQ: SOND) concerning whether a series of statements by Sonder Holdings Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Francisco, CA based Sonder Holdings Inc. engages in the hospitality business. On November 23, 2022, Sonder issued a press release announcing "an information technology security incident resulting in unauthorized access to one of the company's systems that included certain guest records." Sonder stated its belief "that guest records created prior to October 1, 2021 were involved in this incident," which involved access to guest information including Sonder.com usernames and passwords, guest transaction receipts, dates booked for stays at a Sonder property, and guests' full names, birth dates, phone numbers, addresses, and email addresses.

Shares of Sonder Holdings Inc. (NASDAQ: SOND) declined from $2.58 per share on September 12, 2022, to as low as $0.271 per share on May 12, 2023.

Those who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND) 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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