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Intrexon Corp (NYSE:XON) Investor Investigation over potential Wrongdoing

  • If you purchased shares of Intrexon Corp (NYSE:XON), 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
Intrexon Corp
Security
NYSE: XON

Summary

March 14, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Intrexon Corp (NYSE:XON) was announced over potential breaches of fiduciary duties by certain officers and directors at Intrexon.

The investigation by a law firm concerns whether certain Intrexon officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Shares of Intrexon Corp (NYSE:XON) grew from $$16.91 in October 2014 to as high as $65.25 per share in July 2015.

Intrexon Corp reported that its annual Total Revenue rose from $23.76 million in 2013 to $173.60 million in 2015 while its Net Loss increased from $38.98 million in 2013 to $84.49 million in 2015.

Shares of Intrexon Corp (NYSE:XON) declined to as low as $18.52 per share on January 14, 2016.

On March 11, 2016, NYSE:XON shares closed at $36.47 per share.

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