Energy News / Shareholders Foundation, Inc.

NYSE:ZYME Investor Alert: Investigation of Zymeworks Inc Possible Violations of Securities Laws

Via: ReleaseWire

Updated 12:00 PM CST, Mon, January 22,2018

An investigation for investors in Zymeworks Inc (NYSE:ZYME) shares over potential securities laws violations by Zymeworks Inc was announced and NYSE:ZYME stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 01/22/2018 -- An investigation was announced for investors of Zymeworks Inc (NYSE:ZYME) shares over potential securities laws violations by Zymeworks Inc.

Investors who purchased shares of Zymeworks Inc (NYSE:ZYME), 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 focuses on possible claims on behalf of purchasers of the securities of Zymeworks Inc (NYSE:ZYME) concerning whether a series of statements by Zymeworks Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Zymeworks Inc is a Canada-based clinical-stage biopharmaceutical company. Zymeworks Inc reported that its annual Total Revenue rose from $9.66 million in 2015 to $11.01 million in 2016. On April 28, 2017, Zymeworks Inc sold 4.5 million shares of stock in its initial public stock offering (the "IPO"), raising $58.50 million in new capital. However, since the IPO, Zymeworks Inc stock declined to as low as $7.26 per share.

Those who purchased shares of Zymeworks Inc (NYSE:ZYME) 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/nysezyme-investor-alert-investigation-of-zymeworks-inc-possible-violations-of-securities-laws-919670.htm

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