Haeggquist & Eck, LLP Announces Investigation of Misrepresentations by Care.com
2019年4月4日 - 10:00PM
ビジネスワイヤ(英語)
Haeggquist & Eck, LLP, a leading shareholder and consumer
rights litigation firm, is investigating whether Care.com, Inc.
(“Care.com”) (NYSE: CRCM) violated the federal securities laws by
issuing false or misleading statements beginning approximately May
8, 2018.
Care.com, based in Waltham, MA, operates a website designed to
help consumers find child care, senior care, and other services.
During the Class Period, Care.com emphasized the strength of its
business model and reliability of its ongoing revenue and earnings
growth, causing its stock price to trade at fraudulently-inflated
prices, reaching a Class Period high of $25.67 on March 1, 2019.
CEO Sheila Lirio Maracelo sold approximately 325,000 of her shares
for more than $6.6 million in proceeds.
In fact, on March 8, 2019, The Wall Street Journal (“WSJ”)
published the results of a detailed investigation into Care.com –
“Care.com Puts Onus on Families to Check Caregivers’ Backgrounds –
With Sometimes Tragic Outcomes.” According to the WSJ, over the
past six years, caregivers on Care.com allegedly committed crimes
while caring for children or seniors, including child abuse, sexual
assault, and murder. On this news, the stock price plummeted more
than $5 per share – a decline of 20% from its Class Period
high.
Then, this week on April 1, 2019, the WSJ published a second
report disclosing that rather than having “hundreds” of unlicensed
daycare centers on the Care.com website, there were actually
thousands, and that Care.com had removed about 72% of them, or
about 45,594 businesses. On this news, the stock fell another $1.31
per share, ore more than 6.6%, to close at $18.45 per share on
April 1, 2019.
What You Can Do
If you purchased shares of Care.com stock between May 9, 2018
and March 29, 2019, you may have legal claims against the Company.
If you wish to discuss this investigation, or have questions about
your legal rights, please contact attorney Amber Eck at
619-342-8000 or e-mail her at ambere@haelaw.com. There is no cost
to you.
Haeggquist & Eck, LLP is a nationally recognized leader in
shareholder rights law and has helped shareholders recover more
than $1 billion of value for themselves and the companies in which
they have invested. This release constitutes attorney advertising.
Past results do not guarantee a similar outcome.
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version on businesswire.com: https://www.businesswire.com/news/home/20190404005216/en/
Haeggquist & Eck, LLP619-342-8000Amber Eck,
ambere@haelaw.com
Care com (NYSE:CRCM)
過去 株価チャート
から 6 2024 まで 7 2024
Care com (NYSE:CRCM)
過去 株価チャート
から 7 2023 まで 7 2024