Shareholders Foundation, Inc.

Pluristem Therapeutics Inc. (NASDAQ:PSTI) Investor Alert: Investigation over Potential Wrongdoing

An investigation for current long-term investors in shares of Pluristem Therapeutics Inc. (NASDAQ:PSTI) over potential wrongdoing by certain officers and directors was announced and NASDAQ:PSTI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 06/11/2013 -- An investigation on behalf of current long-term stockholders of shares of Pluristem Therapeutics Inc. (NASDAQ:PSTI) was announced concerning whether certain Pluristem Therapeutics officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholder of shares of Pluristem Therapeutics Inc. (NASDAQ:PSTI) have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Pluristem Therapeutics officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by, among other things, failing to implement adequate internal controls.

Pluristem Therapeutics Inc. reported that its Net Loss increased from $10.85 million for the 12 months period that ended on June 30, 2011 to $14.79 million for the 12 months period that ended on June 30, 2012.

Shares of Pluristem Therapeutics Inc. increased from $2.13 per share in September 2011 to as high as $4.39 per share in September 2012.

On June 10, 2013, NASDAQ:PSTI shares closed at $2.93 per share.

Those who purchased shares of Pluristem Therapeutics Inc. (NASDAQ:PSTI), 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