INVESTOR ALERT: Kaskela Law LLC Announces Shareholder Investigation of Pareteum Corp. & Encourages Investors with Losses in E...
October 21 2019 - 6:44PM
Business Wire
Kaskela Law LLC is investigating Pareteum Corporation
(“Pareteum” or the “Company”) (Nasdaq: TEUM) on behalf of the
Company’s investors.
Pareteum investors are encouraged to contact Kaskela Law LLC
(D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or by email at
skaskela@kaskelalaw.com, to discuss this investigation and their
legal rights and options. Additional information may also be found
at http://kaskelalaw.com/case/pareteum-corporation/.
On October 21, 2019, Pareteum disclosed that it would restate
its previously issued financial statements, and that investors
“should no longer rely upon the Company's previously released
financial statements” for 2018 or 2019. Additionally, the Company
disclosed that it “currently estimates the revenue impact for the
full year 2018 to be a reduction of approximately $9 million,” and
“the revenue impact to be a reduction of approximately $24 million”
for 2019.
Following this news, shares of the Company’s stock
significantly declined in value.
Pareteum investors are encouraged to contact Kaskela Law LLC to
discuss this investigation and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities
fraud, corporate governance, and merger & acquisition
litigation. For additional information about Kaskela Law LLC please
visit www.kaskelalaw.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191021005873/en/
D. Seamus Kaskela, Esq. KASKELA LAW LLC 18 Campus
Boulevard, Suite 100 Newtown Square, PA 19073 (484) 258 – 1585
(888) 715 – 1740 www.kaskelalaw.com skaskela@kaskelalaw.com
Pareteum (NASDAQ:TEUM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Pareteum (NASDAQ:TEUM)
Historical Stock Chart
From Apr 2023 to Apr 2024