An investigation on behalf of investors in Amplitude, Inc. (NASDAQ: AMPL) shares over potential wrongdoing at Amplitude, Inc. was announced.

San Diego, CA -- (SBWire) -- 02/05/2024 --Certain directors of Amplitude, Inc. are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of Amplitude, Inc. (NASDAQ: AMPL) 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 Amplitude, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

San Francisco, CA based Amplitude, Inc. provides a digital analytics platform to analyze customer behavior within digital products in the United States and internationally. Amplitude, Inc. reported that its annual Total Revenue rose from $167.26 million in 2021 to $238.06 million in 2022, and that its Net Loss increased from $74.98 million in 2021 to $91.9 million in 2022.

Shares of Amplitude, Inc. (NASDAQ: AMPL) declined from $16.95 per share on February 15, 2023, to as low as $8.50 per share on May 16, 2023.

Those who purchased shares of Amplitude, Inc. (NASDAQ: AMPL) 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.