Press release
Investigation announced for Long-Term Investors in shares of Sharecare, Inc. (NASDAQ: SHCR) over possible Wrongdoing
An investigation was announced for current long-term investors in shares of Sharecare, Inc. (NASDAQ: SHCR) concerning potential breaches of fiduciary duties by certain directors and officers of Sharecare, Inc.Investors who are current long term investors in Sharecare, Inc. (NASDAQ: SHCR) shares, 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 for current long term investors in NASDAQ: SHCR stocks follows a lawsuit filed against Sharecare, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: SHCR stocks, concerns whether certain Sharecare directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 10, 2023 and March 28, 2024, the defendants made materially false and/or misleading statements and/or failed to disclose that Sharecare lacked adequate internal controls, and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
Those who purchased shares of Sharecare, Inc. (NASDAQ: SHCR) 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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