An investigation was announced for investors in NASDAQ:KERX shares concerning possible breaches of fiduciary duties by certain officers and directors at Keryx Biopharmaceuticals.
Investors who purchased shares of Keryx Biopharmaceuticals (NASDAQ:KERX) and currently hold any of those NASDAQ:KERX 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 Keryx Biopharmaceuticals directors breached their fiduciary duties and caused damage to the company and its shareholders.
Keryx Biopharmaceuticals reported that its annual total Revenue rose from $7.00 million in 2013 to $13.68 million in 2015 and that its Net Loss increased from $46.73 million in 2013 to $123.14 million in 2015. Shares of Keryx Biopharmaceuticals (NASDAQ:KERX) declined from $18.19 per share in August 2014 to as low as $3.29 per share in January 2016.
Those who purchased NASDAQ:KERX 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