CERENCE INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Cerence Inc. - CRNC
Cerence Inc. (CRNC)
Last cerence inc. earnings: 2/11 07:00 am
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Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Cerence Inc. (NasdaqGS: CRNC).On November 22, 2021, the Company disclosed revenue guidance for the first quarter and full fiscal year 2022 well below analysts’ expectations. On February 7, 2022, the Company announced its results for 1Q2022 ended on December 31, 2021, disclosing that the “conversion from bookings to revenue will take longer than expected” and as a result, it was forced to lower its fiscal year 2022 guidance and completely withdraw its fiscal year 2024 guidance. Further, the Company disclosed the retirement of CFO Mark Gallenberger, effective March 11, 2022.The Company was subsequently sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws, which remains ongoing. Recently, the court presiding ov
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News
- Cerence to Announce Fiscal Second Quarter Results on May 9, 2024GlobeNewswire
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- Advanced Biometrics Industry Analysis Report 2024: Evolution Timeline, Emerging Trends, Patents Landscape, Sector Impacts, Real-world Innovations [Yahoo! Finance]Yahoo! Finance
- CERENCE INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Cerence Inc. - CRNCPR Newswire
CRNC
Earnings
- 2/6/24 - Beat
CRNC
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 144
- 4/15/24 - Form 8-K
- CRNC's page on the SEC website