An investigation on behalf of investors in Neurometrix Inc (NASDAQ:NURO) shares over potential wrongdoing at Neurometrix was announced and NASDAQ:NURO stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/08/2015 -- An investigation for shareholders in shares of Neurometrix Inc (NASDAQ:NURO) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Neurometrix.
Investors who purchased shares of Neurometrix Inc (NASDAQ:NURO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Neurometrix directors breached their fiduciary duties and caused damage to the company and its shareholders.
Neurometrix Inc reported that its annual Total Revenue rose from $5.28 million in 2013 to $5.51 million in 2014 and that its respective Net Loss declined from $8.02 million to $7.77 million. Shares of Neurometrix Inc (NASDAQ:NURO) declined from $3.00 per share in late December 2013 to as low as $0.71 per share on July 24, 2015.
On October 7, 2015, NASDAQ:NURO shares closed at $0.88 per share.
Those who purchased shares of Neurometrix Inc 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