Press release
Investigation announced for Investors who hold shares of MicroStrategy Incorporated (NASDAQ: STRK) over possible Wrongdoing
An investigation on behalf of current long term investors in MicroStrategy Incorporated (NASDAQ: STRK) shares.
Investors who are current long term investors in MicroStrategy Incorporated (NASDAQ: STRK) 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: STRK stocks follows a lawsuit filed against MicroStrategy Incorporated over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: STRK stocks, concerns whether certain MicroStrategy Incorporated 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 Eastern District of Virginia the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that the anticipated profitability of the Company's bitcoin-focused investment strategy and treasury operations was overstated, that the various risks associated with bitcoin's volatility and the magnitude of losses Strategy could recognize on the value of its digital assets following its adoption of ASU 2023-08 were understated, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.
Those who purchased shares of MicroStrategy Incorporated (NASDAQ: STRK) 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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