NEW YORK, Sept. 27, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential misconduct at Sonic Corp. ("Sonic" or the "Company") SONC.
The investigation focuses on whether the Company's Board of Directors and/or its officers committed mismanagement and breached their fiduciary duties in connection with the Company suffering a data breach that may have affected approximately 5 million of its customers. Specifically, late on September 26, 2017, Brian Krebs, an independent journalist who investigates breaches, reported via his website KrebsOnSecurity ("the "Report") that the "[t]he ongoing breach may have led to a fire sale on millions of stolen credit and debit card accounts that are now being peddled in shadowy underground cybercrime stores[.]" According to the Report, the Company stated, in part, that "[Sonic's] credit card processor informed [the Company] last week of unusual activity regarding credit cards used at Sonic[.]"
Request more information now by clicking here: www.faruqilaw.com/SONC. There is no cost or obligation to you.
Take Action
If you currently own Sonic stock and have continuously owned Sonic stock and would like to discuss your legal rights, please visit www.faruqilaw.com/SONC. You can also contact us by calling Nina Varindani toll free at (212) 983-9330 or Stuart J. Guber toll free at (215) 277-5770 or by sending an e-mail to nvarindani@faruqilaw.com or sguber@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Sonic's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
685 3rd Avenue, 26th Floor
New York, NY 10017
Attn: Nina Varindani
nvarindani@faruqilaw.com
Telephone: (212) 983-9330
Attn: Stuart Guber
sguber@faruqilaw.com
Telephone: (215) 277-5770
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SOURCE Faruqi & Faruqi, LLP
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