TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

Carbonite Inc (NASDAQ:CARB) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of Carbonite Inc (NASDAQ:CARB), 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
Carbonite Inc
Security
NASDAQ: CARB

Summary

August 18, 2015 (Shareholders Foundation) - An investigation for current long-term investors in shares of Carbonite Inc (NASDAQ:CARB) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Carbonite.

The investigation by a law firm concerns whether certain Carbonite officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Carbonite Inc reported that its annual Total Revenue increased from $60.51 million in 2011 to $122.62 million in 2014 and that its respective Net Loss declined from $23.54 million to $9.35 million. Shares of Carbonite Inc (NASDAQ:CARB) traded as high as $15.07 per share in February 2015. However, NASDAQ: CARB shares declined in May to as low as $10.41 per share.

Start Monitoring Your Investments