Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Dropbox Inc (NASDAQ: DBX) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Dropbox Inc (NASDAQ: DBX) concerning whether a series of statements by Dropbox Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

In March 2018, the Company sold 36 million shares of stock in its initial public stock offering (the "IPO"), at $21.00 a share raising $756,000,000 in new capital.

Since the IPO, NASDAQ: DBX has fallen and on August 20, 2019, the stock closed at $17.80.

On August 8, 2019, the Company reported second-quarter fiscal 2019 results. The Company reported revenue of $410.4 million below analysts' average estimate of $420.3 million.

On this news, NASDAQ: DBX fell 12.8% on August 9, 2019.

Based in San Francisco, California, and founded in 2007 Dropbox Inc provides a collaboration platform worldwide.

If you purchased shares of Dropbox Inc (NASDAQ: DBX) in March 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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