A investor in Sage Therapeutics, Inc. (NASDAQ:SAGE) shares filed a lawsuit against certain directors of Sage Therapeutics, Inc.

San Diego, CA -- (SBWire) -- 11/13/2020 --An investor of Sage Therapeutics, Inc. (NASDAQ: SAGE) shares filed a lawsuit in connection with the pay for non-employee directors of Sage Therapeutics, Inc.

Investors who purchased shares of Sage Therapeutics, Inc. (NASDAQ: SAGE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Cambridge, MA based Sage Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops and commercializes novel medicines to treat central nervous system (CNS) disorders. Sage Therapeutics, Inc. reported that its annual Total Revenue declined from $90.27 million in 2018 to $6.86 million in 2019, and that its Net Loss increased from $372.88 million in 2018 to $680.23 million in 2019.

Shares of Sage Therapeutics, Inc. (NASDAQ: SAGE) declined from $193.56 per share in July 2019 to as low as $25.01 per share on March 18, 2020.

The plaintiff claims that the pay for certain non-employee directors at Sage Therapeutics, Inc is "grossly excessive" and far outpaces that of larger and more profitable companies.

Those who purchased shares of Sage Therapeutics, Inc. (NASDAQ: SAGE), 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.