Investigation Overview
August 25, 2017 (Shareholders Foundation) - An investigation for investors in NASDAQ:MDXG shares was announced concerning possible breaches of fiduciary duties by certain directors.
The investigation by a law firm concerns whether certain MiMedx Group directors breached their fiduciary duties and caused damage to the company and its shareholders.
Marietta, GA based MiMedx Group, Inc. is an integrated developer, processor and marketer of regenerative biomaterial products and bioimplants human placental tissue, skin and bone
MiMedx Group Inc reported that its annual Total Revenue rose from $187.30 million in 2015 to $245.01 million in 2016 and that its Net Income declined from $29.45 million in 2105 to $11.97 million in 2016.
Shares of MiMedx Group Inc (NASDAQ:MDXG) grew from $6.74 per share in May 2016 to as high as $17.36 per share on August 16, 2017