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) -- 01/09/2018 -- 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 email@example.com or call 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.
Shareholders Foundation, Inc.
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92108 San Diego
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