An investigation for investors in BIO-TECHNE Corp (NASDAQ:TECH) shares over potential securities laws violations by BIO-TECHNE was announced.
San Diego, CA -- (SBWIRE) -- 09/18/2017 -- An investigation was announced for investors in NASDAQ:TECH shares concerning potential securities laws violations by BIO-TECHNE.
Investors who purchased shares of BIO-TECHNE Corp (NASDAQ:TECH), have certain options and should contact the Shareholders Foundation at email@example.com or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by BIO-TECHNE Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On August 29, 2017, BIO-TECHNE Corp announced that the Company would be unable to timely file its Annual Report for the fiscal year ended June 30, 2017, citing the "greater-than-anticipated time, resources and effort required to complete work related to the assessment of the Company's internal control over financial reporting." Having identified material weaknesses in internal controls at the end of the prior fiscal year, Bio-Techne advised investors that "[t]he Company believes it has made significant progress in changing the design of our controls as of June 30, 2017; however, the Company believes that material weaknesses still remain within some aspects of its internal control framework."
Those who purchased shares of BIO-TECHNE Corp (NASDAQ:TECH) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego