Main Menu Jump to Page

View Complaint
Retainer Agreement
info@rosenlegal.com

Dropbox shareholders have an opportunity to recover their investment losses.

Click "Join This Class Action" above.

Attorneys

Dropbox, Inc.

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Dropbox, Inc. (NASDAQ: DBX) resulting from allegations that Dropbox may have issued materially misleading business information to the investing public.

If you purchased Dropbox securities and would like to join the action, please click "Join This Class Action," above.

Press Release

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Dropbox, Inc. – DBX

New York, N.Y., August 28, 2019. Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Dropbox, Inc. (NASDAQ: DBX) resulting from allegations that Dropbox may have issued materially misleading business information to the investing public.

On or about March 23, 2018, Dropbox 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.  However, since the IPO, Dropbox stock has plunged, on August 20, 2019, the stock closed at $17.80.

On August 8, 2019, Dropbox reported second-quarter fiscal 2019 results. For the quarter, the Company reported revenue of $410.4 million below analysts' average estimate of $420.3 million. Following this news, Dropbox stock fell 12.8% on August 9, 2019.

 Rosen Law Firm is preparing a class action lawsuit to recover losses suffered Dropbox investors. If you purchased shares of Dropbox please visit the firm’s website at http://www.rosenlegal.com/cases-register-1664.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 34th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com