An investigation for investors in NASDAQ:ABEO shares was announced over potential breaches of fiduciary duties by certain directors at Abeona Therapeutics.
Investors who purchased shares of Abeona Therapeutics Inc (NASDAQ:ABEO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Abeona Therapeutics directors breached their fiduciary duties and caused damage to the company and its shareholders.
Abeona Therapeutics Inc reported that its annual Total Revenue rose from $.93 million in 2014 to $1.04 million in 2015 and that its Net Loss declined from $26.78 million in 2014 to $14.53 million in 2015.
Shares of Abeona Therapeutics Inc (NASDAQ:ABEO) declined from $8.76 per share in May 2015 to as low as $2.05 per share on March 1, 2016.
On July 12, 2016, NASDAQ:ABEO shares closed at $2.44 per share.
Those who purchased NASDAQ:ABEO shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com