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Investigation announced for Investors in shares of Surface Oncology, Inc. (NASDAQ: SURF)

08-14-2019 08:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Surface Oncology, Inc. (NASDAQ: SURF) shares over potential securities laws violations.

An investigation for investors in Surface Oncology, Inc. (NASDAQ: SURF) shares over potential securities laws violations.

An investigation on behalf of investors of Surface Oncology, Inc. (NASDAQ: SURF) shares over potential securities laws violations by Surface Oncology, Inc. in connection with certain financial statements.

Investors who purchased shares of Surface Oncology, Inc. (NASDAQ: SURF), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Surface Oncology, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Cambridge, MA based Surface Oncology, Inc., a clinical-stage immuno-oncology company, engages in the development of cancer therapies. Surface Oncology, Inc completed its initial public offering (“IPO”) on April 23, 2018, offering shares at $15.00. Surface Oncology, Inc. reported that its annual Total Revenue rose from $12.82 million in 2017 to $59.41 million in 2018 and that its Net Loss declined from $445.37 million in 2017 to $6.59 million in 2018.

Shares of Surface Oncology, Inc. (NASDAQ: SURF) declined from $17.22 per share on July 2, 2018 to as low as $1.95 per share on August 7, 2019.

Those who purchased shares of Surface Oncology, Inc. (NASDAQ: SURF) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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