An investigation on behalf of investors in Intrexon Corp (NYSE:XON) shares over potential wrongdoing at Intrexon Corp was announced and NYSE:XON stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/15/2016 -- Certain directors of Intrexon Corp are under investigation over potential wrongdoing. The investigation was announced on behalf of current investors in shares of Intrexon Corp concerning possible breaches of fiduciary duties by certain Intrexon directors.
Investors who purchased shares of Intrexon Corp (NYSE:XON) and currently hold any of those NYSE:XON 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 Intrexon directors breached their fiduciary duties and caused damage to the company and its shareholders.
On April 21, 2016, a report was published on Intrexon Corp asserting, among other things, that Intrexon's technology has recently been questioned by high-ranking officials from the WHO, CDC and NIH, that Intrexon overstated revenues by 50% through transactions with related parties, thatIntrexon's technology platform is an overhyped, undifferentiated collection of commodity and failed products, and that Intrexon is the Theranos of the public markets.
Those who purchased shares of Intrexon Corp have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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