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Investigation announced for Investors in shares of Applied UV, Inc. (NASDAQ: AUVI) over possible Wrongdoing

05-13-2022 11:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Applied UV, Inc. (NASDAQ: AUVI) shares over potential wrongdoing at Applied UV, Inc.

An investigation on behalf of investors in Applied UV, Inc. (NASDAQ: AUVI) shares over potential wrongdoing at Applied UV, Inc.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Applied UV, Inc.

Investors who purchased shares of Applied UV, Inc. (NASDAQ: AUVI) 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 Applied UV, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Mount Vernon, NY based Applied UV, Inc., through its subsidiaries, engages in the development, acquisition, and commercialization of technology that address air and surface purification, and infection control in the healthcare, hospitality, commercial, municipal, and residential markets in the United States and Canada. Applied UV, Inc. reported that its annual Total Revenue rose from $5.73 million in 2020, to $11.66 million in 2021, and that its Net Loss increased from $3.36 million in 2020, to $7.39 million in 2021.

Shares of Applied UV, Inc. (NASDAQ: AUVI) declined from $6.46 per share on November 24, 2021, to as low as $0.87 per share on May 11, 2022.

Those who purchased shares of Applied UV, Inc. (NASDAQ: AUVI), have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
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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