An investigation for investors in shares of Cnova NV (NASDAQ:CNV) was announced over potential breaches of fiduciary duties by certain directors at Cnova NV.
Investors who purchased shares of Cnova NV (NASDAQ:CNV) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Cnova officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On December 18, 2015, post-market, Cnova NV announced that its Board of Directors has engaged legal advisors and external forensic accountants to perform a review of issues in connection with employee misconduct related to inventory management. Shares of Cnova NV (NASDAQ:CNV) declined from $8.49 in January 2015 to as low as $2.15 per share on December 22, 2015, respectively $2.14 per share.
On January 21, 2016, NASDAQ:CNV shares closed at $2.31 per share.
Those who purchased shares of Cnova NV (NASDAQ:CNV), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego