San Diego, CA -- (SBWire) -- 10/06/2021 --An investigation was announced over potential breaches of fiduciary duties by certain officers and directors.
Investors who purchased shares of CC Neuberger Principal Holdings II (NYSE: PRPB) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
New York based CC Neuberger Principal Holdings II, led by Chinh E. Chu, Matthew Skurbe, Douglas Newton, Jason K. Giordano, Charles Kantor and other senior professionals of CC Capital and Neuberger Berman, is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
On July 30, 2020, CC Neuberger Principal Holdings II (the "Company") today announced the pricing of its initial public offering of 72,000,000 units at a price of $10.00 per unit.
Shares of CC Neuberger Principal Holdings II (NYSE: PRPB) declined from $11.13 per share on February 4, 2021 to $9.79 per share on July 29, 2021.
Those who purchased shares of CC Neuberger Principal Holdings II (NYSE: PRPB) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
CC Neuberger Principal Holdings II (NYSE:PRPB) Investor Notice: Investigation over Potential Wrongdoing
An investigation on behalf of investors in CC Neuberger Principal Holdings II (NYSE:PRPB) shares over potential wrongdoing at CC Neuberger Principal Holdings II was announced.