San Diego, CA -- (SBWIRE) -- 05/08/2017 -- The Shareholders Foundation announces that an investor in shares of Amyris Inc (NASDAQ:AMRS) filed a lawsuit against Mayris over alleged Securities Laws violations.

Investors who purchased shares of Amyris Inc (NASDAQ:AMRS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Amyris Inc (NASDAQ:AMRS) common shares between March 2, 2017 through April 17, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 2, 2017 through April 17, 2017, the defendants made false and/or misleading statements and/or failed to disclose thatin the first quarter of 2017, Amyris made a decision to take an equity stake in one of Blue California's affiliates that focused on the sweetener market in lieu of cash payment under the license agreement, that consequently, due to Amyris' decision, Amyris would be unable to recognize $10 million in fourth quarter and fiscal year 2016 revenue from the license agreement with Blue California, that and as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Amyris Inc reported that its annual Total Revenue increased from $34.15 million in 2015 to $77.19 million in 2016 and that its Net Loss declined from $217.95 million in 2015 to $87.33 million in 2016.

On April 17, 2017, Amyris Inc disclosed revenues of $67.2 million for fiscal year 2016.

The plaintiff claims the revenue Amyris Inc disclosed represents a decrease of $10 million from the revenue figures it disclosed on March 2, 2017 and April 3, 2017 and that the decrease in revenue was due to Amyris Inc's decision in the first quarter of 2017 to take an equity stake in one of Blue California's affiliates that focused on the sweetener market in lieu of cash payment under the license agreement.

Shares of Amyris Inc (NASDAQ:AMRS) closed on May 5, 2017 at $0.38 3 per share.

Those who are stockholders of shares of Amyris Inc 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