An investigation on behalf of investors in Ra Medical Systems, Inc. (NYSE:RMED) shares over potential wrongdoing at Ra Medical Systems, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 06/24/2021 -- An investigation on behalf of current long-term investors in shares of Ra Medical Systems, Inc. (NYSE: RMED) was announced over potential breaches of fiduciary duties by certain officers and directors at Ra Medical Systems, Inc.
Investors who purchased shares of Ra Medical Systems, Inc. (NYSE: RMED) and currently hold any of those NYSE: RMED shares 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 Ra Medical Systems, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Carlsbad, CA based Ra Medical Systems, Inc., a commercial-stage medical device company, develops, manufactures, and markets excimer lasers for use in the treatment of vascular and dermatological immune-mediated inflammatory diseases. Ra Medical Systems, Inc. reported that its annual Total Revenue declined from $7.19 million in 2019 to $4.4 million in 2020, and that Net Loss declined from $56.95 million in 2019, to $36.05 million in 2020.
Shares of Ra Medical Systems, Inc. (NYSE: RMED) declined from $67.25 per share in January 2020 to as low as $2.85 per share on May 19, 2021.
Those who purchased shares of Ra Medical Systems, Inc. (NYSE: RMED), 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.