SAN DIEGO, Sept. 29, 2022 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistel, LLP (www.JohnsonFistula.com) examines whether Cantaloupe, Inc. (“Cantaloupe” or the “Company”) (NASDAQ: CTLP), one of its officers or others has violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they can be recovered under federal securities laws.
What happens if I bought Cantaloupe common stock? If you bought Cantaloupe common stock and suffered significant losses on your investment, join our investigation now:
There are no costs or obligations for you.
What does Johnson examine fistula? On September 28, 2022, the company issued a report stating, “Based on the progress made to date in evaluating the effectiveness of internal controls over financial reporting, the company currently expects to report three material weaknesses in its internal control framework. This includes the design, implementation and operational effectiveness of general information technology controls in the areas of user access, change management and segregation of duties within various systems that support the company’s accounting and reporting processes, as well as the design, implementation and operational effectiveness of revenue controls and related connected accounts, and risk assessment and monitoring activities related to the timely identification and assessment of control deficiencies.”
What if I have relevant non-public information? Those with nonpublic information about the company should consider cooperating with our investigation or participating in the SEC’s whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to 30% for each successful recovery by the SEC. For more information, contact Jim Baker at (619) 814-4471 or
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