Investigation Overview
July 20, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Alnylam Pharmaceuticals.
The investigation by a law firm concerns whether certain Alnylam Pharmaceuticals officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Alnylam Pharmaceuticals, Inc. reported that its annual Total Revenue rose from $47.17 million in 2013 to $50.56 million in 2014 while its respective Net Loss increased from $89.22 million to $360.39 million.
Shares of Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) grew from $53.71 per share in August 2014 to as high as $138.73 per share in June 2015.