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NEW YORK, Aug. 3, 2019 (GLOBE NEWSWIRE) – Bragar Eagel & Squire, P.C. is investigating potential claims against 8×8, Inc. (NYSE: EGHT) on behalf of 8×8 investors. Our investigation focuses on whether 8×8 has breached federal securities laws and / or is engaged in other illegal business practices.
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On July 31, 2019, B. Riley lowered the 8×8 rating from "Neutral" to "Sell," stating that the 8×8 earnings report as of July 30, 2019 "did not seem at first sight", but that "to dissect the forecast and the state of the company's cash left us with a number of concerns, "including cash consumption and deferred sales commission fees. On this news, the price of the 8×8 stock fell sharply on July 31, 2019 to close at $ 24.17 per share.
If you have purchased or otherwise acquired 8×8 shares, if you have information, want to know more about these claims, or if you have any questions about this announcement, your rights or interest in these matters, please contact Brandon Walker or Melissa Fortunato by email at the address [email protected], or call (212) 355-4648, or by fill in this contact form. There is no cost or obligation for you.
Bragar Eagel & Squire, P.C. is a New York-based law firm specializing in commercial and securities litigation. For more information regarding our 8×8 survey, please go to the following address: https://bespc.com/EGHT. For more information on Bragar Eagel & Squire, P.C. please go to www.bespc.com. Public Prosecutor. Previous results do not guarantee similar results.
contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com
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