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-0.00017959770114939 -0.00143678160919537 -0.000718390804597686 0.00179597701149428 0.00269396551724148 -0.00323275862068965 -0.00251436781609196 -0.000897988505747075
Stock impact report

STOCKHOLDER ALERT: Kaskela Law LLC Announces Investigation of Cerence Inc. and Encourages Long-Term CRNC Stockholders to Contact the Firm

Cerence Inc. (CRNC) 
Last cerence inc. earnings: 2/11 07:00 am Check Earnings Report
Company Research Source: Accesswire
PHILADELPHIA, PA / ACCESSWIRE / March 6, 2023 / Investor protection law firm Kaskela Law LLC announces that it is investigating Cerence Inc. (NASDAQ:CRNC) on behalf of the company's long-term stockholders.Recently a securities fraud complaint was filed against Cerence on behalf of certain investors who purchased shares of the company's stock between November 16, 2020 and February 4, 2022. According to the complaint, during that time period Cerence issued a series of materially false and misleading statements to its investors concerning the Company's business, operations and prospects.The complaint alleges how, on February 7, 2022, Cerence announced results for its fiscal first quarter of 2022 and "shocked the market with three disclosures." First, the Company announced that CFO Mark Gallenberger would be retiring, effective March 11, 2022. Second, during its earnings conference call, new CEO Stefan Ortmanns announced he had conducted a review of each of the Cerence business units' pla Show less Read more
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