An investigation on behalf of investors in Cerecor Inc. (NASDAQ: CERC) shares over potential wrongdoing at Cerecor Inc. was announced.

San Diego, CA -- (SBWire) -- 05/13/2020 --An investigation was announced over potential breaches of fiduciary duties by certain directors at Cerecor Inc.

Investors who purchased shares of Cerecor Inc. (NASDAQ: CERC) 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 Cerecor Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Rockville, MD based Cerecor Inc., a pharmaceutical company, focuses on pediatric health care. Cerecor Inc. reported that its annual Total Revenue declined from $18.32 million in 2018 to $6.75 million in 2019 and that its Net Loss decreased from $40.05 million in 2018 to $16.07 million in 2019.

Shares of Cerecor Inc. (NASDAQ: CERC) declined from $6.19 per share in December 2019 to as low as $1.52 per share on March 16, 2020.

On May 12, 2020, NASDAQ: CERC shares closed at $2.16 per share.

Those who purchased shares of Cerecor Inc. (NASDAQ: CERC), 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.