An investigation on behalf of investors in Novavax, Inc. (NASDAQ:NVAX) shares over potential wrongdoing at Novavax, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 08/28/2020 -- Certain directors of Novavax, Inc. are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Novavax, Inc. (NASDAQ: NVAX) and currently hold any of those NASDAQ: NVAX 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 Novavax, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Gaithersburg, MD based Novavax, Inc., together with its subsidiary, Novavax AB, a late-stage biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases. Novavax, Inc. reported that its annual Total Revenue declined from $34.28 million in 2018 to $18.66 million in 2019, and that its Net Loss declined from $184.74 million in 2018 to $132.69 million in 2019.
Shares of Novavax, Inc. (NASDAQ: NVAX) declined from $189.40 per share on August 5, 2020, to as low as $97.30 per share on August 25, 2020.
Those who purchased shares of Novavax, Inc. (NASDAQ: NVAX), 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.