An investigation for investors of Castlight Health Inc (NYSE:CSLT) shares concerning possible violations of securities laws by Castlight Health in connection certain financial statements was announced.
Investors who purchased shares of Castlight Health Inc (NYSE:CSLT), 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 Castlight Health Inc (NYSE:CSLT) concerning whether a series of statements by Castlight Health regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Castlight Health Inc reported that its annual Total Revenue rose from $1.88 million in 2011 to $45.60 milion in 2014 while its Net Loss increased from $19.92 million in 2011 to $85.94 million in 2014.
On November 4, 2015, Castlight Health Inc announced its results for its third quarter ended on September 30, 2015 and also issued its business outlook for the fourth quarter and full year 2015.
Shares of Castlight Health Inc (NYSE:CSLT) declined to as low as $3.59 per share on November 5, 2015, which is significantly below its current 52 week High of $13.44 per share.
Those who purchased shares of Castlight Health Inc (NYSE:CSLT) 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