Arrowhead Research Corp (NASDAQ:ARWR) Long Term Investor Alert: Investigation over Potential Wrongdoing

An investigation for current long-term investors in shares of Arrowhead Research Corp (NASDAQ:ARWR) over potential wrongdoing by certain officers and directors of Arrowhead Research Corp was announced and current long-term NASDAQ:ARWR stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

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San Diego, CA -- (SBWire) -- 02/12/2013 --An investigation on behalf of current long-term stockholders of shares of Arrowhead Research Corp (NASDAQ:ARWR) was announced concerning whether certain Arrowhead Research officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholder of shares of Arrowhead Research Corp (NASDAQ:ARWR), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Arrowhead Research Corp officers and directors breached their fiduciary duties in connection with the proposed vote scheduled for March 21, 2013 to approve the proposed amendment to the Arrowhead Research Corp (NASDAQ:ARWR) 2004 Equity Incentive Plan to increase the number of shares of common stock reserved for issuance under the 2004 Equity Incentive Plan from 2,000,000 shares to 3,000,000 shares.

According to the investigation the issuance of the additional shares could have a severe dilutive effect on the shares of NASDAQ:ARWR common stock.

Arrowhead Research Corp (NASDAQ:ARWR) reported that its Net Loss increased from $3.13 million for the 12 months period that ended on Sept. 30, 2011 to $21.13 million for the 12 months period that ended on Sept. 30, 2012.

Since its 1:10 split on Nov. 17, 2011 shares of Arrowhead Research Corp (NASDAQ:ARWR) declined from as high as $6.61 per share in April 2012 to as low as $1.91 per share on February 1, 2013.

The compensation of certain top officials at Arrowhead Research Corp (NASDAQ:ARWR) increased from 2011 to 2012. For instance, the President and CEO’s total compensation rose from $425,000 in 2011 to over $1.48 million in 2012 and the CFO’s total pay increased from over $241,000 in 2011 to over $747,000 in 2012.

On Feb. 11, 2013, NASDAQ:ARWR closed at $1.87 per share, which is significantly below its adjusted 52 week High.

Those who purchased shares of Arrowhead Research Corp (NASDAQ:ARWR), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Jacob Rosenfeld
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Jacob Rosenfeld
CR and Media Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/206260