Shareholder Alert: Robbins LLP Announces Another Complaint Filed Against Carbonite, Inc. (CARB)
CARBONITE (CARB)
Last carbonite earnings: 11/11 08:00 am
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US:NASDAQ Investor Relations:
investor.carbonite.com/investor-relations
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Source: Business Wire
SAN DIEGO & BOSTON--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP announces that a purchaser of Carbonite, Inc. (NASDAQ: CARB) has filed a shareholder derivative complaint against the company's officers and directors for breaches of fiduciary duties, unjust enrichment, waste of corporate assets, and alleged violations of the Securities Exchange Act of 1934 between February 7, 2019 and the present. Carbonite provides backup, disaster recovery, high availability, and workload migration technology solutions in the United States.If you suffered a loss as a result of Carbonite's misconduct, click here.Carbonite, Inc. (CARB) Accused of Misleading Investors According to the complaint, in October 2018, Carbonite launched its "Server Backup VM Edition" for managed service providers. Carbonite's officers and directors touted the new service's ability to add "meaningfully" to Carbonite's profits for fiscal 2019 and continuously projected positive financials throughout the relevant
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