NEW YORK, June 22, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential misconduct at Microsoft Corporation ("Microsoft" or the "Company") (MSFT).
The investigation focuses on whether the Company's Board of Directors and its officers committed mismanagement and/or breached their fiduciary duties by failing to timely take action to fix a security vulnerability discovered in Microsoft software. According to an article in Reuters, in or around July 2016, a consultant at a boutique security firm found a weakness in the way that Microsoft Word processes documents from another format. The Reuters article also stated that although the consultant informed Microsoft about the security vulnerability in October 2016, Microsoft failed to immediately fix the problem and instead, waited until April 2017 to patch the security flaw.
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If you currently own Microsoft stock and would like to discuss your legal rights, please visit www.faruqilaw.com/MSFT. You can also contact us by calling Nina Varindani toll free at (212) 983-9330 or by sending an e-mail to nvarindani@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Microsoft's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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