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Amber Road Inc (NYSE:AMBR) Investor Investigation Announced

  • If you purchased shares of Amber Road Inc (NYSE:AMBR), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Amber Road Inc
Security
NYSE: AMBR

Summary

September 4, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Amber Road Inc (NYSE:AMBR) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Amber Road.

The investigation by a law firm concerns whether certain Amber Road officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Amber Road Inc reported that its annual Total Revenue rose from $43.37 million in 2012 to $64.83 million in 2014 while its respective Net Loss increased from $2.10 million to $27.70 million.

Shares of Amber Road Inc (NYSE:AMBR) declined from $16.52 per share in October 2014 to as low as $4.04 per share on August 7, 2015.

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