San Diego, CA -- (SBWire) -- 10/30/2023 --An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Cyxtera Technologies, Inc.
Investors who purchased shares of Cyxtera Technologies, Inc. (OTC: CYXTQ, formerly NASDAQ: CYXT) 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 Cyxtera Technologies officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On February 22, 2021, Cyxtera Technologies, Inc. and Starboard Value Acquisition Corp. (NASDAQ: SVAC), a publicly traded special purpose acquisition company, announced the signing of a definitive business combination agreement.
On July 29, 2021 – Cyxtera Technologies, Inc. announced it has completed its business combination with Starboard Value Acquisition Corp. (NASDAQ: SVAC).
On July 30, 2021, Cyxtera's shares of Class A common stock began trading on The Nasdaq Global Select Market (the "Nasdaq") under the symbol "CYXT" and its warrants under the symbol "CYXTW."
Since then shares of Cyxtera Technologies, Inc. (NASDAQ: CYXT) declined from $15.42 per share on June 06, 2022, to as low as $0.141 per share on May 22, 2023.
In June 2023, Cyxtera Technologies, Inc filed for bankruptcy.
Those who purchased shares of Cyxtera Technologies, Inc. (OTC: CYXTQ, formerly NASDAQ: CYXT) 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, 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.
OTC: CYXTQ, Formerly NASDAQ: CYXT Investor Alert: Investigation over Potential Wrongdoing at Cyxtera Technologies, Inc.
An investigation on behalf of investors in Cyxtera Technologies, Inc. (OTC: CYXTQ, formerly NASDAQ: CYXT) shares over potential wrongdoing at Cyxtera Technologies, Inc. was announced.