An investigation for investors in Aytu BioScience, Inc. (NASDAQ:AYTU) shares over potential securities laws violations by Aytu BioScience, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 01/31/2022 -- An investigation was announced on behalf of investors of Aytu BioScience, Inc. (NASDAQ: AYTU) shares over potential securities laws violations by Aytu BioScience, Inc. and certain of its directors and officers in connection with certain financial statements.
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 focuses on whether a series of statements by Aytu BioScience, Inc. (NASDAQ: AYTU regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
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 $1.06 per share on January 24, 2022.
Those who purchased shares of Aytu BioScience, Inc. (NASDAQ: AYTU) have certain options and should contact the Shareholders Foundation.
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