Press release
Investors who hold shares of Symbotic Inc. (NASDAQ: SYM) Long Term should contact the Shareholders Foundation in connection with Investigation
An investigation was announced for current long-term investors in shares of Symbotic Inc. (NASDAQ: SYM) over possible breaches of fiduciary duties by certain directors of Symbotic Inc.Investors who are current long term investors in Symbotic Inc. (NASDAQ: SYM) 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: SYM stocks follows a lawsuit filed against Symbotic Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: SYM stocks, concerns whether certain Symbotic Inc. 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 District of Massachusetts the plaintiff alleges that, the defendants made materially false and/or misleading statements and/or failed to disclose that Symbotic improperly accelerated revenue recognition in its 2024 financial statements; and that as a result, defendants' statements about Symbotic's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times
Those who purchased shares of Symbotic Inc. (NASDAQ: SYM) 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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