An investigation for investors in Axcella Health Inc. (NASDAQ: AXLA) shares over potential securities laws violations by Axcella Health Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/30/2019 -- An investigation on behalf of investors of Axcella Health Inc. (NASDAQ: AXLA) shares over potential securities laws violations by Axcella Health Inc. in connection with certain financial statements was announced.
Investors who purchased shares of Axcella Health Inc. (NASDAQ: AXLA), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements by Axcella Health Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Cambirdge, MA based Axcella Health Inc., a biotechnology company, researches and develops novel multifactorial interventions to support health and address dysregulated metabolism in the United States. Axcella Health Inc. went public in May 2019 and sold over 3.5 million shares at $20 per share in the initial public offering ("IPO"). Since then, shares of Axcella Health Inc. (NASDAQ: AXLA) declined to as low as $4.99 per share on October 7, 2019.
Those who purchased shares of Axcella Health Inc. (NASDAQ: AXLA) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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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 conftact 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.
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