An investigation for investors in Porch Group, Inc. (NASDAQ: PRCH) shares over potential securities laws violations by Porch Group, Inc. was announced and NASDAQ: PRCH stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 02/01/2023 -- An investigation was announced for investors of Porch Group, Inc. (NASDAQ: PRCH) shares over potential securities laws violations by Porch Group, Inc. f.k.a. PropTech Acquisition Corporation.
Investors who purchased shares of Porch Group, Inc. (NASDAQ: PRCH), 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 possible claims on behalf of purchasers of the securities of Porch Group, Inc. (NASDAQ: PRCH) concerning whether a series of statements by Porch Group, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 23, 2020, PropTech Acquisition Corporation (NASDAQ: PTAC) ("PropTech" or "PTAC") and Porch.com, Inc. announced that they have closed their business combination. With the closing, the combined company has been renamed "Porch Group, Inc." and its common stock and warrants began trading on The Nasdaq Stock Market ("Nasdaq") under the ticker symbols "PRCH" and "PRCHW" on Thursday, December 24, 2020.
Shares of Porch Group, Inc. (NASDAQ: PRCH) declined to as low as $1.30 per share in October 2022.
Those who purchased shares of Porch Group, Inc. (NASDAQ: PRCH) 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.