An investigation on behalf of investors in Neonode Inc. (NASDAQ:NEON) shares over potential wrongdoing at Neonode Inc. was announced and NASDAQ:NEON stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 08/27/2020 -- An investigation on behalf of investors in shares of Neonode Inc. (NASDAQ: NEON) was announced over potential breaches of fiduciary duties by certain officers and directors at Neonode Inc.
Investors who purchased shares of Neonode Inc. (NASDAQ: NEON) 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 Neonode directors breached their fiduciary duties and caused damage to the company and its shareholders.
Sweden based Neonode Inc., together with its subsidiaries, develops and licenses user interface and optical interactive touch solutions under the zForce brand in the United States, Japan, Germany, China, Taiwan, South Korea, and internationally. Neonode Inc. reported that its annual Total Revenue declined from $8.53 million in 2018 to $6.64 million in 2019, and that its Net Loss increased from $3.06 million in 2018 to $5.29 million in 2019.
Shares of Neonode Inc. (NASDAQ: NEON) closed on August 26, 2020, at $12.50 per share.
Those who purchased shares of Neonode Inc. (NASDAQ: NEON), 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.