Energy News / Shareholders Foundation, Inc.

NASDAQ: SURF Shareholder Notice: Investigation over Potential Wrongdoing at Surface Oncology, Inc.

Via: ReleaseWire

Updated 2:52 PM CST, Wed, November 06,2019

An investigation on behalf of investors in Surface Oncology, Inc. (NASDAQ: SURF) shares over potential wrongdoing at Surface Oncology, Inc. was announced.

San Diego, CA -- (SBWIRE) -- 11/06/2019 -- Certain directors of Surface Oncology, Inc. are under investigation over potential breaches of fiduciary duties.

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

Cambridge, MA based Surface Oncology, Inc., a clinical-stage immuno-oncology company, engages in the development of cancer therapies. Surface Oncology, Inc completed its initial public offering ("IPO") on April 23, 2018, offering shares at $15.00. Surface Oncology, Inc. reported that its annual Total Revenue rose from $12.82 million in 2017 to $59.41 million in 2018 and that its Net Loss declined from $445.37 million in 2017 to $6.59 million in 2018.

Shares of Surface Oncology, Inc. (NASDAQ: SURF) declined from $17.22 per share on July 2, 2018 to as low as $1.15 per share on October 1, 2019.

Those who purchased shares of Surface Oncology, Inc. (NASDAQ: SURF) 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 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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaq-surf-shareholder-notice-investigation-over-potential-wrongdoing-at-surface-oncology-inc-1264440.htm

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