An investigation for investors in ePlus inc. (NASDAQ:PLUS) shares over potential securities laws violations by ePlus inc. was announced.
San Diego, CA — (SBWIRE) — 03/02/2022 — ePlus inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of ePlus inc. (NASDAQ: PLUS), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by ePlus inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Herndon, VA based ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. ePlus inc. reported that its Total Revenue declined from over $1.588 billion for the 12 months period that ended on March 31, 2020, to over $1.568 billion for the 12 months period that ended on March 31, 2021, and that its Net Income over those respective time periods rose from $69.08 million to $74.39 million.
Shares of ePlus inc. (NASDAQ: PLUS) declined from $69.74 per share in November 2021, to as low as $42.70 per share on January 28, 2022.
Those who purchased shares of ePlus inc. (NASDAQ: PLUS) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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