Shareholder rights law firm Johnson & Weaver, LLP has commenced an investigation into whether certain officers and directors of Textura Corporation violated state or federal laws.
In a December 2013 Citron Research issued a report titled “ ‘American Hustle’ meets the ‘Wolf of Wall Street’ ”. In this article Citron stated that Textura would have been insolvent had it not been for this IPO and listed a myriad of examples of how investors were misled.
On this reported news, Textura’s stock dropped $6.44, or 17%, to close at $31.30 on December 26, 2013. This investigation will determine whether shareholders were harmed by fraud and deception as Citron claims.
If you are a Textura shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker at 619-230-0063 Ext 118.
Johnson & Weaver, LLP is a nationally recognized shareholders’ rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits.