An investigation for investors in Model N, Inc. (NYSE:MODN) shares over potential securities laws violations by Model N, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 01/28/2021 -- Model N, Inc is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Model N, Inc. (NYSE: MODN), 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 focuses on possible claims on behalf of purchasers of the securities of Model N, Inc. (NYSE: MODN) concerning whether a series of statements by Model N, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
San Mateo, CA based Model N, Inc. provides revenue management cloud solutions for the life sciences and high tech industries.
Model N Inc reported that its Total Revenue rose from $141.23 million for the 12 months period that ended on Sept. 30, 2019 to $161.05 million for the 12 months period that ended on Sept. 30, 2020, and that its normalized Loss declined from $19.29 million to $13.66 million.
Shares of Model N, Inc. (NYSE: MODN) closed on January 20, 2020, at $38.48 per share.
Those who purchased shares of Model N, Inc. (NYSE: MODN) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.