An investigation on behalf of investors in NYSE:XON shares over potential wrongdoing at Intrexon Corp was announced and NYSE:XON stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/29/2016 -- An investigation for shareholders of Intrexon Corp (NYSE:XON) was announced over potential breaches of fiduciary duties by certain officers and directors at Intrexon.
Investors who purchased shares of Intrexon Corp (NYSE:XON) 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 Intrexon officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Shares of Intrexon Corp (NYSE:XON) grew from $$16.91 in October 2014 to as high as $65.25 per share in July 2015.
Intrexon Corp reported that its annual Total Revenue rose from $23.76 million in 2013 to $173.60 million in 2015 while its Net Loss increased from $38.98 million in 2013 to $84.49 million in 2015.
Shares of Intrexon Corp (NYSE:XON) declined to as low as $18.52 per share on January 14, 2016.
On March 24, 2016, NYSE:XON shares closed at $35.94 per share.
Those who purchased shares of Intrexon Corp (NYSE:XON) 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