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Investigation announced for Long-Term Investors in shares of Solid Biosciences Inc. (NASDAQ: SLDB)

11-13-2020 03:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Solid Biosciences Inc. (NASDAQ: SLDB) shares over potential wrongdoing.

An investigation on behalf of investors in Solid Biosciences Inc. (NASDAQ: SLDB) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Solid Biosciences Inc.

Investors who purchased shares of Solid Biosciences Inc. (NASDAQ: SLDB) 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 Solid Biosciences Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Cambridge, MA based Solid Biosciences Inc., a life science company, engages in identifying and developing therapies for duchenne muscular dystrophy (DMD) in the United States. Solid Biosciences Inc. conducted its initial public offering (“IPO”) in January 2018. Solid Biosciences Inc. sold 7.81 million shares at $16.00 per share.

Shares of Solid Biosciences Inc. (NASDAQ: SLDB) rose to as high as $45.85 per share in October 2018.

Since then shares of Solid Biosciences Inc. (NASDAQ: SLDB) declined to as low as $1.96 per share in March 2020.

Those who purchased shares of Solid Biosciences Inc. (NASDAQ: SLDB) 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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