NEW YORK, Jan. 28, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Tremor Video, Inc. ("Tremor" or the "Company") (NYSE: TRMR), concerning whether the board has breached its fiduciary duties to shareholders.
On June 27, 2013, the Company conducted its initial public offering. On November 7, 2013, the Company issued third quarter 2013 financial results reporting a net loss of $2.2 million. On this news, Company stock declined nearly 50%. It has not recovered.
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 Tremor 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
Phone Numbers: (877) 935-7400
Email: [email protected]
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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