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ParkerVision, Inc. (NASDAQ:PRKR) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of ParkerVision, Inc. (NASDAQ:PRKR), 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
ParkerVision, Inc.
Security
NASDAQ: PRKR

Summary

July 1, 2014 (Shareholders Foundation) - An investigation on behalf of investors of ParkerVision, Inc. (NASDAQ:PRKR) shares over potential breaches of fiduciary duties by certain ParkerVision directors and officers was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ParkerVision, Inc. (NASDAQ:PRKR) concerning certain statements regarding ParkerVisions business, its prospects and its operations were materially false and misleading at the time they were made.

ParkerVision, Inc. reported that its Net Loss increased from $14.57 million in 2011 to $27.87 million in 2013. Shares of ParkerVision, Inc. (NASDAQ:PRKR) grew from $0.441 per share in January 2011 to as high as $7.09 per share in October 2013, respectively $5.17 per share on June 17, 2014.

Then on June 20, 2014, ParkerVision, Inc. announced that it received unfavorable decisions in the case filed by ParkerVision, Inc. against Qualcomm over alleged patent infringements. Shares of ParkerVision, Inc. (NASDAQ:PRKR) declined from over $5 per share on June 20, 2014 to $1.38 per share on June 23, 2014.

On June 30, 2014, NASDAQ:PRKR shares closed at $1.48 per share.

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