An investigation on behalf of investors in Akoustis Technologies, Inc. (NASDAQ:AKTS) shares over potential wrongdoing at Akoustis Technologies, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 12/11/2020 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Akoustis Technologies, Inc.
Investors who purchased shares of Akoustis Technologies, Inc. (NASDAQ: AKTS) 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 Akoustis Technologies directors breached their fiduciary duties and caused damage to the company and its shareholders.
Hunterville, NC based Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States. Akoustis Technologies, Inc. Reported that ist Total Revenue rose from $1.44 million for the 12 months period that ended on June 30, 2019, to $1.79 million for the 12 months period that ended on June 30, 2020, and that its normalized Loss over those respective time periods increased from $29.34 million to 3$35.98 million.
Shares of Akoustis Technologies, Inc. (NASDAQ: AKTS) closed on December 10, 2020, at $8.69 per share.
Those who purchased shares of Akoustis Technologies, Inc. (NASDAQ: AKTS), 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
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.