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Investigation announced for Long-Term Investors in shares of Milestone Pharmaceuticals Inc. (NASDAQ: MIST)

08-08-2020 01:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Milestone Pharmaceuticals Inc. (NASDAQ: MIST) shares over potential wrongdoing.

An investigation on behalf of investors in Milestone Pharmaceuticals Inc. (NASDAQ: MIST) shares over potential wrongdoing.

Certain directors of Milestone Pharmaceuticals Inc. are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of Milestone Pharmaceuticals Inc. (NASDAQ: MIST) and currently hold any of those NASDAQ: MIST shares 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 concerns whether certain Milestone Pharmaceuticals directors breached their fiduciary duties and caused damage to the company and its shareholders.

Montreal, Canada based Milestone Pharmaceuticals Inc., a biopharmaceutical company, develops and commercializes etripamil for the treatment of cardiovascular indications. On or about May 9, 2019, Milestone Pharmaceuticals Inc. sold about 5.5 million shares of stock in its initial public stock offering (the "IPO"), at $15.00 a share raising approximately $82,500,000 in new capital. However, since the IPO, shares of Milestone Pharmaceuticals Inc. (NASDAQ: MIST) declined to as low as $1.69 per share on March 24, 2020.

Those who purchased shares of Milestone Pharmaceuticals Inc. (NASDAQ: MIST) 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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