Law Offices of Howard G. Smith Announces Investigation of View, Inc. f/k/a CF Finance Acquisition Corp. II (VIEW) on Behalf of Investors

Rhea-AI Summary

The Law Offices of Howard G. Smith have initiated an investigation into View, Inc. concerning potential breaches of fiduciary duty by its board of directors. This follows an announcement on August 16, 2021, regarding an independent investigation into the company's warranty accrual adequacy. As a result, View's stock price dropped by over 24%, closing at $3.92 on August 17, 2021, amid significant trading volume. Shareholders who acquired shares before November 2020 are encouraged to seek more information about their rights.

Positive

• None.

Negative

• View's share price plummeted by over 24% following warranty accrual announcement.
• The initiation of an investigation may indicate potential governance issues.

BENSALEM, Pa.--(BUSINESS WIRE)-- Law Offices of Howard G. Smith announces that it has commenced an investigation of potential claims against the board of directors of View, Inc. f/k/a CF Finance Acquisition Corp. II (“View” or the “Company”) (NASDAQ: VIEW) concerning whether the board of directors breached its fiduciary duties to View shareholders.

On August 16, 2021, after the market closed, View announced that it “began an independent investigation concerning the adequacy of the company’s previously disclosed warranty accrual.”

On this news, the Company’s share price fell $1.26, or over 24%, to close at $3.92 per share on August 17, 2021, on unusually heavy trading volume.

If you still hold View shares purchased before November 2020, have information or would like to learn more about this matter, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211207006199/en/

Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

Source: Law Offices of Howard G. Smith

FAQ

What led to the investigation of View, Inc. by the Law Offices of Howard G. Smith?

The investigation was initiated following an announcement by View regarding an independent investigation into the adequacy of its warranty accrual.

How much did View's share price drop after the announcement on August 16, 2021?

View's share price fell by $1.26, or over 24%, to close at $3.92 on August 17, 2021.

Who should contact the Law Offices of Howard G. Smith regarding View, Inc.?

Shareholders who purchased View shares before November 2020 are encouraged to contact the Law Offices of Howard G. Smith for more information.

What are the potential implications of the investigation for View's shareholders?

The investigation may signal issues with the company's governance that could affect shareholder value and trust.

When was the independent investigation into View's warranty accrual announced?

The independent investigation was announced on August 16, 2021.