Company investigated by the law business Portnoy
2 min readNews Highlights: Corporation investigated by the regulation company Portnoy
LOS ANGELES, Feb 2, 2021 (World NEWSWIRE) – The Portnoy Regulation Firm advises Quotient Technology, Inc. (“Quotient” or the “Company”) (NYSE: QUOT) traders that the corporation has investigated opportunity securities fraud and may perhaps file a course action on behalf of traders.
Traders are inspired to call lawyer Lesley F. Portnoy, by mobile phone 310-692-8883 or email: [email protected], to examine their legal legal rights, or click on right here to be a part of the circumstance near at www.portnoylaw.com. The Portnoy Regulation Organization can present a absolutely free situation analysis and examine investors’ solutions to file statements to recuperate their losses.
The investigation focuses on irrespective of whether Quotient has made misleading and / or phony statements and / or has still left details that is appropriate to traders. On November 5, 2020, Quotient documented its monetary results for the 3rd quarter of 2020. Quotient’s gross sales had been beneath consensus anticipations, and it also described for the three and nine months finished September 30, 2020, “restructuring prices of zero and $ 1, 5 million, determined acquisition-relevant expenses of $ .4 million and $ 1. million, respectively, and contingencies of $ 2. million linked to a agreement dispute ensuing from a retailer’s failure to accomplish selected obligations associated to a certain distribution charge arrangement for the two respective durations. “Based on this news, shares of Quotient fell practically 22% the subsequent day.
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The Portnoy Regulation Firm represents investors in the submitting of statements arising from company crimes. The company’s founding lover has recovered far more than $ 5.5 billion for disadvantaged investors. Lawyer advertising and marketing. Earlier success do not assurance comparable results.
Lesley F. Portnoy, Esq. Authorized CA and NY [email protected] 310-692-8883 www.portnoylaw.com
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Via: www.globenewswire.com
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