An investigation on behalf of current long term investors in PLAYSTUDIOS, Inc. (NASDAQ:MYPS) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 08/10/2022 -- An investigation was announced for long-term investors in shares of PLAYSTUDIOS, Inc. (NASDAQ: MYPS) concerning potential breaches of fiduciary duties by certain directors and officers of PLAYSTUDIOS, Inc..
Investors who are current long term investors in PLAYSTUDIOS, Inc. (NASDAQ: MYPS) shares, 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 for investors in NASDAQ: MYPS stocks follows a lawsuit filed against PLAYSTUDIOS, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MYPS stocks, concerns whether certain PLAYSTUDIOS, Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants made material misrepresentations and omitted material facts in various documents, including, but not limited to a proxy statement used to solicit Acies investor votes, and prospectuses, as well as during investor earnings calls. These misrepresentations and omissions concerned, among other things, financial projections and the status of a game called Kingdom Boss.
Those who purchased shares of PLAYSTUDIOS, Inc. (NASDAQ: MYPS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
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.