Energy News / Shareholders Foundation, Inc.

NYSE:TRXC Investor Alert: Investigation over Potential Wrongdoing at TransEnterix, Inc.

Via: ReleaseWire

Updated 12:00 PM CDT, Wed, March 27,2019

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

San Diego, CA -- (SBWIRE) -- 03/27/2019 -- An investigation was announced for long-term investors in shares of TransEnterix, Inc. (NYSE: TRXC) over potential breaches of fiduciary duties by certain directors at TransEnterix, Inc.

Investors who purchased shares of TransEnterix, Inc. (NYSE: TRXC) and currently hold any of those NYSE: TRXC 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 TransEnterix, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Morrisville, NC based TransEnterix, Inc., a medical device company, engages in the research, development, and sale of medical device robotics to enhance minimally invasive surgery. TransEnterix, Inc. reported that its annual Total Revenue rose from $7,11 million in 2017 to $24.1 million in 2018 and that its Net Loss declined from $144.79 million in 2017 to $61.77 million in 2018. Shares of TransEnterix, Inc. (NYSE: TRXC) declined from $6.87 per share in September 2018 to as low as $2.08 per share on March 25, 2019.

Those who purchased shares of TransEnterix, Inc. (NYSE: TRXC), 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/nysetrxc-investor-alert-investigation-over-potential-wrongdoing-at-transenterix-inc-1182531.htm

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