VIEW - HAGENS BERMAN NATIONAL TRIAL ATTORNEYS Encourages View Inc. (VIEW) Investors to Contact Firm's Attorneys Now Firm Investigating Possible Securities Law Violations
SAN FRANCISCO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges View, Inc. (NASDAQ: VIEW) investors with significant losses to submit your losses now . The firm is investigating possible securities law violations and certain investors may have valuable claims.
Visit: www.hbsslaw.com/investor-fraud/VIEW
Contact An Attorney Now: VIEW@hbsslaw.com
844-916-0895
View, Inc. (VIEW) Investigation:
The investigation focuses on whether View manipulated its financial results leading up to and after going public through a SPAC merger in early March 2021.
In the past, View has affirmed the accuracy of its financial statements and assured investors that it had enhanced internal controls to guard against material misstatements in the Company’s financial statements.
But the propriety of View’s accounting and internal controls came into serious question on Aug. 16, 2021, when the Company announced its audit committee began an independent investigation concerning the adequacy of the Company’s previously disclosed warranty accrual. In light of the audit committee’s ongoing investigation, which involves independent counsel and advisors, the Company disclosed that it would not be timely filing its quarterly financial statements.
This news sent the price of View shares sharply lower on Aug. 17, 2021.
“We’re focused on investors’ losses and whether View intentionally understated the Company’s warranty accrual to improve the Company’s balance sheet,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in View and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman .
Whistleblowers: Persons with non-public information regarding View should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email VIEW@hbsslaw.com .
About Hagens Berman
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Contact:
Reed Kathrein, 844-916-0895