Harwood Feffer LLP Announces Investigation of GlobalSCAPE, Inc.
Nov 7, 2017
NEW YORK, Nov. 7, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of GlobalSCAPE, Inc. ("GlobalSCAPE" or the "Company") (NYSE: GSB) concerning whether the board has breached its fiduciary duties to shareholders.
On August 7, 2017, the Company disclosed that it would be required to restate its financial statements issued during 2016 and the first quarter of 2017. The restatement was due to "improper arrangements with customers that circumvented the Company's internal controls".
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own GlobalSCAPE shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP