Press release
Investigation announced for Investors in NASDAQ: CYXT shares over potential Wrongdoing at Cyxtera Technologies, Inc.
An investigation on behalf of investors in Cyxtera Technologies, Inc. (NASDAQ: CYXT) shares over potential wrongdoing.
Investors who purchased shares of Cyxtera Technologies, Inc. (NASDAQ: CYXT) 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 Cyxtera Technologies officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On February 22, 2021, Cyxtera Technologies, Inc. and Starboard Value Acquisition Corp. (NASDAQ: SVAC), a publicly traded special purpose acquisition company, announced the signing of a definitive business combination agreement.
On July 29, 2021 - Cyxtera Technologies, Inc. announced it has completed its business combination with Starboard Value Acquisition Corp. (NASDAQ: SVAC).
On July 30, 2021, Cyxtera's shares of Class A common stock began trading on The Nasdaq Global Select Market (the "Nasdaq") under the symbol "CYXT" and its warrants under the symbol "CYXTW."
Since then shares of Cyxtera Technologies, Inc. (NASDAQ: CYXT) declined from $15.42 per share on June 06, 2022, to as low as $0.141 per share on May 22, 2023.
Those who purchased shares of Cyxtera Technologies, Inc. (NASDAQ: CYXT) 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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