Investigation Overview
July 13, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Regeneron Pharmaceuticals Inc (NASDAQ:REGN) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Regeneron Pharmaceuticals.
The investigation by a law firm concerns whether certain Regeneron Pharmaceuticals officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Regeneron Pharmaceuticals Inc reported that its annual Total Revenue rose from $2.1 million in 2013 to over $2.81 billion in 2014 and its Net Income declined from $424.36 million in 2013 to $348.07 million in 2014. Shares of Regeneron Pharmaceuticals Inc (NASDAQ:REGN) grew from $269.59 per share in December 2013 to as high as $539.40 per share in June 2015.