Investigation Overview
An investigation on behalf of current long-term investors in shares of Eidos Therapeutics, Inc. (NASDAQ: EIDX) was announced over potential breaches of fiduciary duties by certain officers and directors at Eidos Therapeutics, Inc.
The investigation by a law firm concerns whether certain Eidos Therapeutics directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Francisco, CA based Eidos Therapeutics, Inc., a clinical stage biopharmaceutical company, focuses on developing drugs to treat diseases caused by transthyretin (TTR) amyloidosis (ATTR). On April 1, 2019, after the market closed, Eidos Therapeutics, Inc filed a Form with the Securities and Exchange Commission (SEC) announcing that its previously issued financial statements for the first three quarterly periods in the year ended December 31, 2018 could no longer be relied upon.
Shares of Eidos Therapeutics, Inc. (NASDAQ: EIDX) closed on April 8, 2019, at $23.74 per share.