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Medivation Inc (NASDAQ:MDVN) Investor Investigation Announced

  • If you purchased shares of Medivation Inc (NASDAQ:MDVN), 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
Medivation, Inc.
Security
NASDAQ: MDVN

Summary

June 29, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Medivation Inc (NASDAQ:MDVN) was announced over potential breaches of fiduciary duties by certain officers and directors at Medivation.

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

Medivation Inc reported that its annual Total Revenue rose from $710.49 million in 2014 to $943.26 million in 2015 while its Net Income declined from $276.45 million in 2014 to $244.72 million in 2015.

Shares of Medivation Inc (NASDAQ:MDVN) grew from $27.32 per share in February 2016 to as high as $262.54 per share in May 2016.

On June 29, 2016, NASDAQ:MDVN shares closed at $60.95 per share.

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