An investigation on behalf of investors in Axcella Health Inc. (NASDAQ: AXLA) shares over potential wrongdoing at Axcella Health Inc. was announced and NASDAQ: AXLA stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 02/21/2020 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors at Axcella Health Inc. .
Investors who purchased shares of Axcella Health Inc. (NASDAQ: AXLA) 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 Axcella Health Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Cambirdge, MA based Axcella Health Inc., a biotechnology company, researches and develops novel multifactorial interventions to support health and address dysregulated metabolism in the United States. Axcella Health Inc. went public in May 2019 and sold over 3.5 million shares at $20 per share in the initial public offering ("IPO"). Since then, shares of Axcella Health Inc. (NASDAQ: AXLA) declined to as low as $3.33 per share on December 9, 2019.
On February 20, 2020, NASDAQ: AXLA shares closed at $4.75 per share.
Those who purchased shares of Axcella Health Inc. (NASDAQ: AXLA) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in conftact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.