An investigation for investors in Kadmon Holdings Inc (NYSE:KDMN) shares over potential securities laws violations by Kadmon Holdings Inc was announced and NYSE:KDMN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 06/09/2017 -- Kadmon Holdings Inc is under investigation over potential violations of securities laws. The investigation was announced for investors in NYSE:KDMN shares in connection with certain financial statements made by Kadmon Holdings Inc.
Investors who purchased shares of Kadmon Holdings Inc (NYSE:KDMN), 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 focuses on whether certain statements by Kadmon Holdings Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Kadmon Holdings Inc reported that its annual Total Revenue declined from $35.72 million in 2015 to $26.05 million in 2016 and that its Net Loss increased from $147.08 million to $208.75 million in 2016 Shares of Kadmon Holdings Inc (NYSE:KDMN) declined from $10.23 per share in August 2016 to as low as $2.26 per share on May 31, 2017.
Those who purchased shares of Kadmon Holdings Inc (NYSE:KDMN) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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