WeWork Inc. (NASDAQ:WE) Shareholder Notice: Investigation Over Possible Violations of Securities Laws

An investigation for investors in WeWork Inc. (NASDAQ:WE) shares over potential securities laws violations by WeWork Inc. was announced.

San Diego, CA — (SBWIRE) — 02/15/2022 — An investigation on behalf of investors of WeWork Inc. (NASDAQ: WE) shares over potential securities laws violations by WeWork Inc. and certain of its directors and officers in connection with certain financial statements was announced.

Investors who purchased shares of WeWork Inc. (NASDAQ: WE), 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 WeWork Inc. (NASDAQ: WE) concerning whether a series of statements by WeWork Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

WeWork Inc. offers flexible workspace solution to individuals, and small and large enterprises worldwide. In October 2021, WeWork Inc. went public through a special purpose acquisition “SPAC” merger with BowX Acquisition Corp.

On December 1, 2021, WeWork Inc. (NASDAQ: WE) disclosed in an SEC filing on December 1, 2021, that it will restate its financial results for 2020 and the first three quarters of 2021. WeWork Inc. said that the company would be restating its financial results for 2020 and the first three quarters of 2021 due to a misclassification of Public Shares that led to “a material weakness in internal control over financial reporting.”

Shares of WeWork Inc. (NASDAQ: WE) declined to as low as $6.56 per share on December 15, 2021.

Those who purchased shares of WeWork Inc. (NASDAQ: WE) 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

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.

For more information on this press release visit: http://www.sbwire.com/press-releases/wework-inc-nasdaqwe-shareholder-notice-investigation-over-possible-violations-of-securities-laws-1353309.htm

Media Relations Contact

Michael Daniels
Shareholders Foundation
Telephone: 1-858-779-1554
Email: Click to Email Michael Daniels
Web: https://www.shareholdersfoundation.com/