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INVESTOR ALERT Law Offices of Howard G. Smith Announces Investigation on Behalf of MicroStrategy Incorporated Investors (MSTR)

Nachrichtenquelle: Business Wire (engl.)
12.02.2019, 02:29  |  318   |   |   

Law Offices of Howard G. Smith announces an investigation on behalf of MicroStrategy Incorporated investors (“MicroStrategy” or the “Company”) (NASDAQ: MSTR) concerning the Company and its officers’ possible violations of federal securities laws.

On January 29, 2019, the Company disclosed a material weakness in its internal controls over financial reporting. The Company stated that the material weakness “relates to general information technology controls in the areas of user access, program change-management and other matters impacting information technology systems that support MicroStrategy’s financial reporting processes.” On this news, shares of MicroStrategy fell $10.90 per share, or more than 7%, to close at $127.37 per share on January 30, 2019, thereby injuring investors.

If you purchased MicroStrategy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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