An investigation for investors in NASDAQ:VVUS shares was announced over potential breaches of fiduciary duties by certain officers and directors at VIVUS, Inc..
Investors who purchased shares of VIVUS, Inc. (NASDAQ:VVUS) have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain VIVUS directors breached their fiduciary duties.
VIVUS, Inc. reported that its annual Total Revenue declined from $114.18 million in 2014 to $95.43 million in 2015 and that its Net Loss increased from $82.65 million in 2014 to $93.11 million in 2015. Shares of VIVUS, Inc. declined from almost $15 per share in August 2013 to as low as $0.92 per share on February 8, 2016.
On June 1, 2016, NASDAQ:VVUS shares closed at $1.27 per share.
Those who purchased NASDAQ:VVUS shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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