VIEWW - Berman Tabacco Investigates Potential Securities Claims Against View Inc. (VIEW VIEWW)
Boston, Massachusetts--(Newsfile Corp. - August 17, 2021) - Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations against View, Inc. ("View" or the "Company") (NASDAQ: VIEW) (NASDAQ: VIEWW), a company with headquarters in Milpitas, California.
On November 30, 2020, CF Finance Acquisition Corp. II (n/k/a View), a special purpose acquisition company sponsored by Cantor Fitzgerald, L.P., announced that it had entered into an agreement to combine with View, a "Silicon Valley-based smart window company." On March 5, 2021, the Company's stockholder approved the business combination.
On August 16, 2021, after the market close, the Company announced that it would "postpone the release of its financial results for the second quarter of 2021." The Company further noted that the "Audit Committee of View's Board of Directors recently began an independent investigation concerning the adequacy of the company's previously disclosed warranty accrual." The Company also stated that it "cannot predict the duration of the investigation, eventual scope, its outcome, or its impact on the company's financial results or the company's assessment of its internal control over financial reporting for prior periods."
On this news, View common shares were down $1.26 per share (or approximately 24%) to close at $3.92 per share on August 17, 2021.
If you purchased View securities and sustained losses, and would like more information regarding this investigation, or if you wish simply to share information about the investigation, please visit: https://www.bermantabacco.com/case/view/.
Berman Tabacco is a national law firm representing institutions and individuals in lawsuits, seeking to recoup losses caused by corporate and board misconduct and violations of the securities and antitrust laws. The firm has offices in Boston, Massachusetts and San Francisco, California.
This notice may constitute attorney advertising.
Contact:
Jay Eng, Esq.
(800) 516-9926
Email: law@bermantabacco.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93472