San Diego, CA -- (SBWIRE) -- 04/08/2015 -- An investigation on behalf of current long-term investors in shares of Aradigm Corporation (NASDAQ:ARDM) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Aradigm.

Investors who purchased shares of Aradigm Corporation (NASDAQ:ARDM) 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 Aradigm officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Aradigm Corporation reported that its annual Total Revenue rose from $9.72 million in 2013 to $33.56 million in 2014 and that its Net Loss of $21.56 million in 2013 turned into a Net Income of $4.65 million in 2014. Shares of Aradigm Corporation (NASDAQ:ARDM) declined from as high as $10.56 per share in September 2014 to as low as $6.17 per share on March 27, 2015.

On April 6, 2015, NASDAQ:ARDM shares closed at $6.74 per share.

Those who purchased shares of Aradigm Corporation (NASDAQ:ARDM), 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