An investigation on behalf of current long term investors in Alliance MMA Inc (NASDAQ:AMMA) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NASDAQ:AMMA stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 07/11/2017 --An investigation on behalf of current long-term investors in shares of Alliance MMA Inc (NASDAQ:AMMA) concerning potential breaches of fiduciary duties by certain directors of Alliance MMA Inc was announced.

Investors who are current long term investors in Alliance MMA Inc (NASDAQ:AMMA) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm for investors in NASDAQ:AMMA stocks follows a lawsuit filed recently against Alliance MMA Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:AMMA stocks, concerns whether certain Alliance MMA directors are liable in connection with the allegations made in that lawsuit. The plaintiff alleges that the defendants in connection with Alliance MMA's initial public offering made allegedly false and/or misleading statements and/or failed to disclose thatthe condensed consolidated financial statements for the three months ended June 30, 2016 could not be relied upon because of an error in recognizing as compensation transfers of common stock by an affiliate of Alliance MMA to individuals who were at the time of transfer, or subsequently became, officers, directors or consultants of Alliance MMA, that the condensed consolidated financial statements for the six months ended June 30, 2016 could not be relied upon because of an error in recognizing as compensation transfers of common stock by an affiliate of Alliance MMA to individuals who were at the time of transfer, or subsequently became, officers, directors or consultants of Alliance MMA, and that as a result, defendants' statements about Alliance MMA's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Alliance MMA 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