Press release
Investigation announced for Long-Term Investors in Salesforce, Inc. (NYSE: CRM) over potential Wrongdoing
An investigation on behalf of investors in Salesforce, Inc. (NYSE: CRM) shares over potential wrongdoing at Salesforce, Inc.
Investors who purchased shares of Salesforce, Inc. (NYSE: CRM) 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 Salesforce, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Francisco, CA based Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. On May 29, 2024, Salesforce, Inc. reported its fiscal Q1 2025 financial results. In pertinent part, Salesforce's reported $9.13 billion in revenue came in below the midpoint of its previously issued guidance range and the current remaining performance obligation growth rate-a key bookings metric-came in below the company's outlook. Salesforce also issued fiscal Q2 2025 revenue guidance of $9.2 to $9.25 billion, below consensus estimates.
Shares of Salesforce, Inc. (NYSE: CRM) declined from $318.71 per share on March 01, 2024, to as low as $212 per share on May 30, 2024.
Those who purchased shares of Salesforce, Inc. (NYSE: CRM) 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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