San Diego, CA — (SBWIRE) — 03/26/2021 — Certain directors of SiTime Corporation are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of SiTime Corporation (NASDAQ: SITM) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain SiTime directors breached their fiduciary duties and caused damage to the company and its shareholders.
Santa Clara, CA based SiTime Corporation, a semiconductor company, provides silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. SiTime Corporation reported that its annual Total Revenue declined from $85.21 million in 2018 to $84.07 million in 2019, and that its Net Loss declined from $9.34 million in 2018 to $6.6 million in 2019.
Shares of SiTime Corporation (NASDAQ: SITM) closed on February 4, 2021, at $129.66 per share.
Those who purchased shares of SiTime Corporation (NASDAQ: SITM) have certain options and should contact the Shareholders Foundation.
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