San Diego, CA -- (SBWire) -- 05/11/2023 --An investigation was announced for investors of Cloudflare, Inc. (NYSE: NET) shares over potential securities laws violations by Cloudflare, Inc.
Investors who purchased shares of Cloudflare, Inc. (NYSE: NET), 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 focuses on whether a series of statements by Cloudflare, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
San Francisco, CA based CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. Cloudflare, Inc. reported that its annual Total Revenue rose from $656.42 million in 2021 to $975.24 million in 2022, and that its Net Loss declined from $260.3 million in 2021 to $193.38 million in 2022.
Shares of Cloudflare, Inc. (NYSE: NET) declined from $66.20 per share on April 18, 2023, to as low as $39.90 per share on May 4, 2023.
Those who purchased shares of Cloudflare, Inc. (NYSE: NET) 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 The Shareholders Foundation
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.
Cloudflare, Inc. (NYSE:NET) Shareholder Notice: Investigation over Potential Securities Laws Violations
An investigation for investors in Cloudflare, Inc. (NYSE:NET) shares over potential securities laws violations by Cloudflare, Inc. was announced.