Energy News / Shareholders Foundation, Inc.

Investor Investigation over Potential Wrongdoing at Catasys, Inc. (NASDAQ:CATS)

Via: ReleaseWire

Updated 2:41 PM CDT, Thu, April 26,2018

An investigation on behalf of investors in Catasys, Inc. (NASDAQ: CATS) shares over potential wrongdoing at Catasys, Inc. was announced and NASDAQ: CATS stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 04/26/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Catasys, Inc.

Investors who purchased shares of Catasys, Inc. (NASDAQ: CATS) 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 Catasys, Inc.officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Los Angeles, CA Catasys, Inc. provides big data predictive analytics, artificial intelligence and telehealth, combined with human intervention services to health plans and other third party payors. Catasys, Inc. reported that its annual Total Revenue rose from $7.07 million in 2016 to $7.71 million in 2017 and that its Net Loss declined from $17.93 million in 2016 to $13.6 million in 2017.

Shares of Catasys, Inc. (NASDAQ: CATS) reached as high as $12.18 per share in March 2017 and declined to as low as $3.30 per share in late 2017.

On April 25, 2018, NASDAQ: CATS shares closed at $5.09 per share.

Those who purchased shares of Catasys, Inc. (NASDAQ: CATS), 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

For more information on this press release visit:
http://www.sbwire.com/press-releases/investor-investigation-over-potential-wrongdoing-at-catasys-inc-nasdaqcats-969641.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com