An investigation on behalf of investors in Simulations Plus, Inc. (NASDAQ:SLP) shares over potential wrongdoing at Simulations Plus, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 01/25/2021 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Simulations Plus, Inc.
Investors who purchased shares of Simulations Plus, Inc. (NASDAQ: SLP) 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 Simulations Plus directors breached their fiduciary duties and caused damage to the company and its shareholders.
Lancaster, CA based Simulations Plus, Inc. develops drug discovery and development software for mechanistic modeling and simulation, and prediction of properties of molecules utilizing artificial-intelligence- and machine-learning-based technology worldwide.
Simulations Plus, Inc. reported that its Total Revenue rose from $33.97 million for the 12 months period that ended on August 31, 2019, to $41.58 million for the 12 months period that ended on August 31, 2020, and that its normalized Income increased from $8.59 million to $9.53 million over those respective time periods.
Shares of Simulations Plus, Inc. (NASDAQ: SLP) closed on January 22, 2020, at $74.61 per share.
Those who purchased shares of Simulations Plus, Inc. (NASDAQ: SLP), 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.