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PRESS RELEASE from provider: Globe Newswire
This content is a press release from our partner Globe Newswire. The AP newsroom and editorial departments were not involved in its creation.

Bragar Eagel & Squire, P.C. is Investigating Care.com, Inc. (CRCM) on Behalf of Stockholders and Encourages CRCM Investors to Contact the Firm

March 11, 2019

NEW YORK, March 11, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against Care.com, Inc. (NYSE: CRCM). Our investigation concerns whether Care.com has violated the federal securities laws and/or engaged in other unlawful business practices.

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On March 8, 2019, the Wall Street Journal published an article titled “Care.com Puts Onus on Families to Check Caregivers’ Backgrounds – With Sometimes Tragic Outcomes.” The article described how caregivers in the U.S. “who had police records were listed on Care.com and later were accused of committing crimes while caring for customers’ children or elderly relatives . . . .” These alleged crimes included theft, child abuse, sexual assault and murder.

On this news, Care.com’s share price has fallen by more than 13%.

If you purchased or otherwise acquired Care.com shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Care.com please go to https://bespc.com/crcm/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Melissa Fortunato, Esq.(212) 355-4648 investigations@bespc.comwww.bespc.com