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BIOLASE Inc (NASDAQ:BIOL) Investor Investigation Announced

  • If you purchased shares of BIOLASE Inc (NASDAQ:BIOL) and currently hold any of those NASDAQ:BIOL shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
BIOLASE Inc
Security
NASDAQ: BIOL

Summary

December 1, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of BIOLASE Inc (NASDAQ:BIOL) was announced over potential breaches of fiduciary duties by certain officers and directors at BIOLASE Inc.

The investigation by a law firm concerns whether certain BIOLASE officers and directors breached their fiduciary duties.

BIOLASE Inc reported that its annual Total Revenue rose from $47.66 million in 2014 to $48.48 million in 2015 and that its Net Loss increased from $18.93 million in 2014 to $20.28 million in 2015.

Shares of BIOLASE Inc (NASDAQ:BIOL) declined from $2.97 per share in late 2014 to as low as $0.62 per share in late 2015.

On December 1, 2016, NASDAQ:BIOL shares closed at $1.65 per share.

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