Press release
Investigation announced for Long-Term Investors in NASDAQ: AYTU shares over potential Violations of Securities Laws by Aytu BioScience, Inc.
An investigation for investors in Aytu BioScience, Inc. (NASDAQ: AYTU) shares over potential securities laws violations.
Investors who purchased shares of Aytu BioScience, Inc. (NASDAQ: AYTU) prior to April 2020 and continue to hold any of those NASDAQ: AYTU 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 focuses on whether certain statements by Aytu BioScience, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Englewood, CO based Aytu BioScience, Inc., a specialty pharmaceutical company, focuses on developing and commercializing novel products in the field of hypogonadism (low testosterone), cough and upper respiratory symptoms, insomnia, and male infertility in the United States and internationally. Aytu BioScience, Inc. reported that its Total Revenue rose from $27.63 million for the 12 months period that ended on June 30, 2020 to $65.63 million for the 12 months period that ended on June 30, 2021 and that its Net Loss increased over those time periods from $13.62 million to $58.28 million. .
Shares of Aytu BioScience, Inc. (NASDAQ: AYTU) declined to as low as $2.31 per share on October 27, 2021.
Those who purchased shares of Aytu BioScience, Inc. (NASDAQ: AYTU) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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Englewood, CO…
