An investigation was announced for investors in NYSE:KDMN shares over potential securities laws violations by Kadmon Holdings.
Investors who purchased shares of Kadmon Holdings Inc (NYSE:KDMN), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by Kadmon Holdings Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Kadmon Holdings Inc reported that its annual Total Revenue declined from $35.72 million in 2015 to $26.05 million in 2016 and that its Net Loss increased from $147.08 million to $208.75 million in 2016. Shares of Kadmon Holdings Inc (NYSE:KDMN) declined from $10.23 per share in August 2016 to as low as $2.26 per share on May 31, 2017.
Those who purchased NYSE:KDMN shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego