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Lion Biotechnologies Inc (NASDAQ:LBIO) Investor Investigation Announced

  • If you purchased shares of Lion Biotechnologies Inc (NASDAQ:LBIO) and currently hold any of those Lion Biotechnologies 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
Lion Biotechnologies Inc
Security
NASDAQ: LBIO

Summary

June 8, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Lion Biotechnologies Inc (NASDAQ:LBIO) was announced over potential breaches of fiduciary duties by certain officers and directors at Lion Biotechnologies.

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

Shares of Lion Biotechnologies Inc (NASDAQ:LBIO) declined from as high as $13.59 per share in March 2015 to as low as $4.54 per share in March 2016.

On June 8, 2016, NASDAQ:LBIO shares closed at $8.01 per share.

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