Investigation Overview
April 3, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of Immune Pharmaceuticals Inc (NASDAQ:IMNP) was announced over potential breaches of fiduciary duties by certain officers and directors at Immune Pharmaceuticals Inc.
The investigation by a law firm concerns whether certain Immune Pharmaceuticals Inc (NASDAQ:IMNP officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
New York based Immune Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company that is engaged in the development and commercialization of targeted therapeutics in the fields of immuno-inflammation and immuno-oncology.
Shares of Immune Pharmaceuticals Inc (NASDAQ:IMNP) declined from $5.44 per share in March 2014 to as low as $0.13 per share on March 27, 2017.