An investigation on behalf of investors in NASDAQ:MDVN shares over potential wrongdoing at Medivation was announced and NASDAQ:MDVN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 06/30/2016 -- An investigation on behalf of current long-term investors in NASDAQ:MDVN shares was announced over potential breaches of fiduciary duties by certain directors at Medivation.
Investors who purchased shares of Medivation Inc (NASDAQ:MDVN) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Medivation officers and directors breached their fiduciary duties.
Medivation Inc reported that its annual Total Revenue rose from $710.49 million in 2014 to $943.26 million in 2015 while its Net Income declined from $276.45 million in 2014 to $244.72 million in 2015.
Shares of Medivation Inc (NASDAQ:MDVN) grew from $27.32 per share in February 2016 to as high as $262.54 per share in May 2016.
On June 29, 2016, NASDAQ:MDVN shares closed at $60.95 per share.
Those who purchased shares of Medivation Inc 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