An investigation for investors in NASDAQ:IMI shares was announced over potential breaches of fiduciary duties by certain directors at Intermolecular Inc.
Investors who purchased shares of Intermolecular Inc (NASDAQ:IMI) 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 Intermolecular officers and directors breached their fiduciary duties.
Intermolecular Inc reported that its annual Total Revenue declined from $47.70 million in 2014 to $45.32 million in 2015 and that its Net Loss declined from $21.76 million in 2014 to $21.01 million in 2015.
Shares of Intermolecular Inc (NASDAQ:IMI) declined from $10.39 per share in March 2013 to as low as $1.61 per share in March 2015.
On June 8, 2016, NASDAQ:IMI shares closed at $1.83 per share.
Those who purchased NASDAQ:IMI 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
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