San Diego, CA -- (SBWire) -- 02/21/2023 --An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at N-able, Inc.
Investors who purchased shares of N-able, Inc. (NYSE: NABL) 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 N-able, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Burlington, MA based N-able, Inc. provides cloud-based software solutions for managed service providers (MSPs) in the United States, the United Kingdom, and internationally.
N-able, Inc. reported that its annual Total Revenue rose from $302.87 million in 2020 to $346.45 million in 2021, and that its Net Loss of $7.15 million in 2021 turned to $0.113 million in 2020.
Shares of N-able, Inc. (NYSE: NABL) closed on February 17, 2023 at $10.13 per share.
Those who purchased shares of N-able, Inc. (NYSE: NABL), 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.
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