An investigation on behalf of investors of Envestnet Inc (NYSE:ENV) shares over potential securities laws violations by Envestnet Inc and certain of its directors and officers was announced.
Investors who purchased shares of Envestnet Inc (NYSE:ENV), 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 Envestnet Inc (NYSE:ENV) concerning whether certain statements by Envestnet Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 2, 2017, Envestnet Inc disclosed the need to delay its 10-K report, after identifying “control deficiencies” that represent “material weaknesses” in its control over financial reporting, Envestnet Inc also disclosed it is unable to complete a timely review of its liability for sales taxes.
On March 20, 2017, NYSE:ENV shares closed at $34.45 per share.
Those who purchased NYSE:ENV shares 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