The Shareholders Foundation announced that a deadline is coming up on March 2, 2020 in the lawsuit filed for certain investors of Forescout Technologies, Inc. (NASDAQ: FSCT) over alleged securities laws violations by Forescout Technologies, Inc. (NASDAQ: FSCT).
Investors who purchased shares of Forescout Technologies, Inc. (NASDAQ: FSCT) have certain options and there are strict and short deadlines running. Deadline: March 2, 2020. NASDAQ: FSCT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Forescout Technologies, Inc. (NASDAQ: FSCT) common shares between February 7, 2019 and October 9, 2019, that the defendants violated Federal Securities Laws.
More specifically, the plaintiff claims that between February 7, 2019 and October 9, 2019, the defendants made false and/or misleading statements and/or failed to disclose that Forescout was experiencing significant volatility with respect to large deals and issues related to the timing and execution of deals in the Company's pipeline, especially in Europe, the Middle East, and Africa, that the foregoing was reasonably likely to have a material negative impact on the Company's financial results, and that as a result of the foregoing, defendants' statements about its business and operations were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Forescout Technologies, Inc. (NASDAQ: FSCT) have certain options and should contact the Shareholders Foundation.
Media 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 class actions, 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.
