GlobalSCAPE INVESTOR ALERT: Legal Investigation for Potential Securities Law Violations
09 8월 2017 - 7:00AM
Business Wire
Girard Gibbs LLP is investigating potential claims on behalf of
investors of GlobalSCAPE, Inc. (NYSE MKT: GSB) involving possible
securities law violations.
To speak privately with an attorney regarding this class
action lawsuit investigation, click here.
After the close of trading on August 7, 2017, GlobalSCAPE
announced that the Audit Committee of its Board of Directors has
been investigating “certain transactions in the fourth quarter of
2016 involving improper arrangements with customers that
circumvented the Company’s internal controls. . . .” The
investigation determined that these transactions resulted in the
company overstating accounts receivable by $403,000 and overstating
license revenue by $396,000. GlobalSCAPE also announced its plans
to amend previously issued financial statements.
Following this news, GlobalSCAPE common stock has traded as low
as $3.63 on August 8, 2017—a drop of more than 20% from its $4.70
closing price on August 7, 2017.
If you purchased or acquired shares of GlobalSCAPE and would
like to speak privately with a securities attorney to learn more
about the investigation and your legal rights, visit our website or
contact the securities team directly at (800) 254-9493.
Girard Gibbs LLP is one of the nation’s leading firms
representing individual and institutional investors
in securities litigation to correct abusive corporate
governance practices, breaches of fiduciary duty, and proxy
violations. The firm has recovered over a billion dollars for its
clients against some of the world’s largest corporations, and has
earned Tier-1 rankings and been named in the U.S. Lawyers –
Best Law Firms list for five consecutive years.
This press release may constitute Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170808006289/en/
Girard Gibbs LLPCaroline Corbitt,
510-350-9723CCC@CLASSLAWGROUP.COM
Globalscape (AMEX:GSB)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Globalscape (AMEX:GSB)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024
Globalscape Inc (아메리카 증권거래소)의 실시간 뉴스: 최근 기사 0
More Globalscape, Inc. News Articles