An investigation on behalf of investors in Ouster, Inc. (NYSE:OUST) shares over potential wrongdoing at Ouster, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/19/2021 -- Certain directors at Ouster, Inc. are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Ouster, Inc. (NYSE: OUST) 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 concerns whether certain Ouster, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Francisco, CA based Ouster, Inc. designs and manufactures digital lidar sensors for industrial automation, smart infrastructure, robotics, and automotive markets.
Ouster, Inc. started trading on the NYSE on March 12, 2021 following a SPAC transaction with Colonnade Acquisition Corp.
On August 9, 2021, Ouster, Inc. disclosed that it had received a document subpoena from the U.S. Securities and Exchange Commission seeking "documents regarding projected financial information in [the] Form S-4 registration statement filed on December 22, 2020."
Shares of Ouster, Inc. (NYSE: OUST) closed on October 18, 2021 at $6.72 per share.
Those who purchased shares of Ouster, Inc. (NYSE: OUST) 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.