Firm investigated by the law company Portnoy
Information Highlights: Firm investigated by the legislation firm Portnoy
LOS ANGELES, Feb 2, 2021 (World NEWSWIRE) – The Portnoy Legislation Company advises Quotient Technological know-how, Inc. (“Quotient” or the “Company”) (NYSE: QUOT) investors that the company has investigated possible securities fraud and might file a class motion on behalf of investors.
Buyers are encouraged to call lawyer Lesley F. Portnoy, by phone 310-692-8883 or e mail: [email protected], to discuss their authorized rights, or simply click right here to be a part of the circumstance close at www.portnoylaw.com. The Portnoy Legislation Firm can present a no cost scenario analysis and discuss investors’ possibilities to file promises to recover their losses.
The investigation focuses on irrespective of whether Quotient has designed misleading and / or false statements and / or has still left facts that is relevant to investors. On November 5, 2020, Quotient noted its economical benefits for the third quarter of 2020. Quotient’s profits were being below consensus anticipations, and it also documented for the three and 9 months ended September 30, 2020, “restructuring rates of zero and $ 1, 5 million, identified acquisition-connected costs of $ .4 million and $ 1. million, respectively, and contingencies of $ 2. million relevant to a contract dispute resulting from a retailer’s failure to perform specified obligations related to a confirmed distribution charge arrangement for both equally respective periods. “Based on this information, shares of Quotient fell just about 22% the following working day.
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The Portnoy Legislation Firm represents traders in the filing of claims arising from company crimes. The company’s founding companion has recovered extra than $ 5.5 billion for disadvantaged investors. Lawyer advertising. Prior success do not assure comparable success.
Lesley F. Portnoy, Esq. Approved CA and NY [email protected] 310-692-8883 www.portnoylaw.com
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Via: www.globenewswire.com
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