An investigation on behalf of investors in Aytu BioScience, Inc. (NASDAQ: AYTU) shares over potential wrongdoing at Aytu BioScience, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 11/30/2021 -- Certain directors of Aytu BioScience, Inc are under investigation on over potential breaches of fiduciary dutie.
Investors who purchased shares of Aytu BioScience, Inc. (NASDAQ: AYTU) 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 concerns whether certain Aytu BioScience, Inc. (NASDAQ: AYTU officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Englewood, CO based Aytu BioPharma, Inc. , a specialty pharmaceutical company, focuses on developing and commercializing novel products in the field of hypogonadism (low testosterone), cough and upper respiratory symptoms, insomnia, and male infertility in the United States and internationally. Aytu BioScience, Inc. reported that its Total Revenue rose from $27.63 million for the 12 months period that ended on June 30, 2020 to $65.63 million for the 12 months period that ended on June 30, 2021, and that its Net Loss over those respective time periods increased from $13.62 million to $58.28 million..
Shares of Aytu BioScience, Inc. (NASDAQ: AYTU) declined from $29.90 per share in March 2020 to as low as $1.80 per share on November 24, 2021.
Those who purchased shares of Aytu BioScience, Inc. (NASDAQ: AYTU) have certain options and should contact the Shareholders Foundation.
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