An investigation for investors in NYSE:NOW shares was announced over potential breaches of fiduciary duties by certain directors at ServiceNow Inc.
Investors who purchased shares of ServiceNow Inc (NYSE:NOW) 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 ServiceNow directors breached their fiduciary duties and caused damage to the company and its shareholders.
On January 27, 2016, ServiceNow Inc reported its financial results for the fourth quarter and fiscal year 2015 and issued its financial guidance for the first quarter 2016 and fully year 2016. ServiceNow Inc reported that its annual Total Revenue rose from $682.56 million in 2014 to over $1 billion in 2015 while its Net Loss increased from $179.39 million in 2014 to $198.43 million in 2015. Shares of ServiceNow Inc (NYSE:NOW) declined to as low as $46.00 per share on February 8, 2016.
On April 1, 2016, NYSE:NOW shares closed at $62.03 per share.
Those who purchased NYSE:NOW shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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