NEW YORK, Jan. 6, 2021 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating potential claims involving directors and officers regarding possible breaches of fiduciary duties related to whether insiders caused their companies to make false and/or misleading statements and/or failed to disclose, among other things, that:
Revenue and profits had been diverted to undisclosed related parties; ACM's revenues and profits had been materially overstated; and ACM's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; Splunk was not hitting the financial targets it had previously announced; and as a result of the foregoing, Splunk public statements were materially false and misleading at all relevant times. When the true details entered the market, investors suffered damages.
Pinterest's addressable market in the U.S. was reaching its maximum capacity; which significantly decelerated Pinterest's future ability to monetize on U.S. average revenue per user; Pinterest was at an increased risk of losing advertising revenue; and as a result, Pinterest's public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.
If you own ACMR, SPLK, or PINS please contact Fletcher Moore, Esq. by email at email@example.com or telephone at (212) 709-8245. There is no cost to you. Moore Kuehn is a New York-based law firm with attorneys representing investors and consumers. Please visit http://www.moorekuehn.com/practice/new-york-shareholder-derivative-litigation/
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Moore Kuehn, PLLC Fletcher Moore, Esq.30 Wall Street, 8 th Floor New York, New York 10005 firstname.lastname@example.org (212) 709-8245
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