Vocera Communications Shareholders Encouraged to Contact Securities Firm About Allegations of Corporate Misconduct
NEW YORK, March 20, 2015 /PRNewswire/ -- Lawyers at Dunnam & Dunnam are investigating claims against certain officers and directors of Vocera Communications (NYSE: VCRA) for corporate wrongdoing. Concerned Vocera shareholders who have owned shares in the company since June 30, 2012 are encouraged to contact Hamilton Lindley by clicking here.
Prior to a massive stock drop, the Company's then-CEO and Chairman sold 17% of his holdings for proceeds of $5.4 million. Its then-President/COO (and now current CEO) sold 45% of his holdings for $2.7 million. Each of these sales were dramatically out of line with the individuals' prior trading history and came before a disclosure in May of 2013 that caused the stock to drop from $19 per share to $12 per share. The law firm's investigation seeks to determine whether shareholder action could restore money and corporate controls at Vocera so that the company improves stockholder value.
Securities lawyers at Dunnam & Dunnam have significant experience enforcing shareholder rights against companies accused of wrongdoing. If you have held shares in Vocera since June 30, 2012, or have information about this situation, please contact securities lawyer Hamilton Lindley by email at [email protected], call toll free at 844-702-2990 or visit http://www.dunnamlaw.com/VCRA.
SOURCE Dunnam & Dunnam
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