An investigation for investors in NASDAQ:MDVN shares was announced over potential breaches of fiduciary duties by certain directors at Medivation.
Investors who purchased shares of Medivation Inc (NASDAQ:MDVN) 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 Medivation officers and directors breached their fiduciary duties.
Medivation Inc reported that its annual Total Revenue rose from $710.49 million in 2014 to $943.26 million in 2015 while its Net Income declined from $276.45 million in 2014 to $244.72 million in 2015.
Shares of Medivation Inc (NASDAQ:MDVN) grew from $27.32 per share in February 2016 to as high as $262.54 per share in May 2016.
On July 13, 2016, NASDAQ:MDVN shares closed at $61.57 per share.
Those who purchased NASDAQ:MDVN shares 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