An investigation on behalf of current long term investors in Immunomedics, Inc. (NASDAQ:IMMU) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 09/01/2020 -- Certain directors of Immunomedics, Inc. are under investigation over potential breaches of fiduciary duties.
Investors who are current long term investors in Immunomedics, Inc. (NASDAQ: IMMU) shares, 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 for investors in NASDAQ: IMMU stocks follows a lawsuit filed against Immunomedics, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: IMMU stocks, concerns whether certain Immunomedics directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants misled investors by failing to disclose that the Company's Morris Plains, New Jersey manufacturing facility had suffered a serious data integrity breach, and that the FDA found Immunomedics manipulated bioburden samples, misrepresented an integrity test procedure in the batch record, and backdated batch records, including the dates of analytical results.
Those who purchased shares of Immunomedics, Inc. (NASDAQ: IMMU) 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.