An investigation on behalf of investors in Cyclacel Pharmaceuticals Inc shares over potential wrongdoing at Cyclacel Pharmaceuticals was announced and NASDAQ:CYCC stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/30/2016 -- An investigation for shareholders in Cyclacel Pharmaceuticals Inc was announced over potential breaches of fiduciary duties by certain directors at Cyclacel Pharmaceuticals.
Investors who purchased shares of Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) and currently hold any of those NASDAQ:CYCC shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm concerns whether certain Cyclacel Pharmaceuticals directors breached their fiduciary duties and caused damage to the company and its shareholders.
Cyclacel Pharmaceuticals Inc reported that its annual Total Revenue rose from $1.08 million in 2013 to $1.73 million in 2014 while its Net Loss increased from $10.15 million in 2013 to $19.39 million in 2014.
Shares of Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) declined from $7.17 per share in November 2012 to as low as $0.30 per share on January 19, 2016.
On March 28, 2016, NASDAQ:CYCC shares closed at $0.41 per share.
Those who purchased shares of Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
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