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Investigation for Long-Term Investors in shares of BioLineRx Ltd. (NASDAQ: BLRX) announced

11-10-2022 04:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in BioLineRx Ltd. (NASDAQ: BLRX) shares over potential wrongdoing at BioLineRx Ltd.

An investigation on behalf of investors in BioLineRx Ltd. (NASDAQ: BLRX) shares over potential wrongdoing at BioLineRx Ltd.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at BioLineRx Ltd.

Investors who purchased shares of BioLineRx Ltd. (NASDAQ: BLRX) 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 BioLineRx Ltd. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Israel based BioLineRx Ltd., a clinical-stage biopharmaceutical development company, focuses on oncology. BioLineRx Ltd.

BioLineRx Ltd. reported that its Net Loss declined from $30.02 million in 2020 to $27.05 million in 2021.

Shares of BioLineRx Ltd. (NASDAQ: BLRX) declined from $3.15 per share on October 15, 2021, to as low as $0.76 per share on November 9, 2022.

Those who purchased shares of BioLineRx Ltd. (NASDAQ: BLRX) 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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