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NeuLion Inc (OTCMKTS:NEUL) Investor Investigation Over Potential Wrongdoing Anounced

  • If you purchased shares of NeuLion Inc (OTCMKTS:NEUL), 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
NeuLion Inc
Security
OTCMKTS: NEUL

Summary

June 3, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of NeuLion Inc (OTCMKTS:NEUL) was announced over potential breaches of fiduciary duties by certain officers and directors at NeuLion Inc.

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

NeuLion Inc reported that its annual Total Revenue rose from $38.98 million in 2012 to $94.04 million in 2015 and that its Net Loss of $10.08 million turned into a Net Income of $25.92 million in 2015.

Shares of NeuLion Inc (OTCMKTS:NEUL) grew from $0.43 per share in October 2015 to $1.142 per share in April 2016.

On June 1, 2016 OTCMKTS:NEUL shares closed at $0.788 per share.

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