Energy News / Shareholders Foundation, Inc.

NASDAQ: IRIX Investor Notice: Investigation Concerning Potential Wrongdoing at IRIDEX Corporation

Via: ReleaseWire

Updated 3:28 PM CDT, Fri, August 02,2019

An investigation on behalf of investors in IRIDEX Corporation (NASDAQ: IRIX) shares over potential wrongdoing at IRIDEX was announced and NASDAQ: IRIX stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 08/02/2019 -- An investigation was announced for investors in shares of IRIDEX Corporation (NASDAQ: IRIX) over potential breaches of fiduciary duties by certain directors at IRIDEX.

Investors who purchased shares of IRIDEX Corporation (NASDAQ: IRIX) 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 IRIDEX directors breached their fiduciary duties and caused damage to the company and its shareholders.

Mountain View, CA based IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. IRIDEX Corporation reported that its annual Total Revenue rose from $41.59 million in 2017 to $42.60 million in 2018 and that its Net Loss declined from $12.86 million in 2017 to $12.81 million in 2018.

Shares of IRIDEX Corporation (NASDAQ: IRIX) declined from $16.39 per share in November 2016 to as low as $$3.25 per share on August 2, 2019.

Those who purchased shares of IRIDEX Corporation (NASDAQ: IRIX), 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

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 contact 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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaq-irix-investor-notice-investigation-concerning-potential-wrongdoing-at-iridex-corporation-1252921.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com