An investigation for investors in NYSE:GI shares over potential securities laws violations by EndoChoice Holdings and certain of its directors was announced.
Investors who purchased shares of EndoChoice Holdings Inc (NYSE:GI), 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 focuses on whether a series of statements by EndoChoice Holdings regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
EndoChoice Holdings Inc reported that its annual Total Revenue rose from $61.42 million in 2014 to $72.30 million in 2015 and that its Net Loss increased from $53.64 million in 2014 to $59.38 million in 2015. Shares of EndoChoice Holdings Inc (NYSE:GI) declined from $17.07 per share in August 2015 to as low as $3.80 per share in February 2016.
On July 19, 2016, NYSE:GI shares closed at $4.89 per share.
Those who purchased NYSE:GI 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