Investigation announced for Investors in Axon Enterprise, Inc. (NASDAQ: AXON) over potential Wrongdoing

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

Investors who purchased shares of Axon Enterprise, Inc. (NASDAQ: AXON) a 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 Axon Enterprise, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Scottsdale, AZ based Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. Axon Enterprise, Inc. reported that its annual Total Revenue rose from $863,38 million in in 2021 to over $1.18 billion in 2022, and that its Net Loss of $60.01 million in 2021 turned to a Net Income of $147.13 million in 2022.

In August 2023, an article was published regarding certain activities taking place Axon Enterprise, Inc. Staff tasings, known as 'exposures,' are corporate rituals at Axon Enterprise, Inc., stating, "Sometimes they involve mid-career employees, but often they are used to initiate interns or new recruits into Axon's all-in culture, according to numerous interviews and videos seen by Reuters." The article further states, "Besides hosting Taser exposures, Company leaders have urged staff to 'make things permanent' by getting tattoos of Axon logos on their bodies and to bet part of their pay on a stock plan most advantageous to ensconced, highly placed executives, according to interviews and Axon materials reviewed by Reuters."

Those who purchased shares of Axon Enterprise, Inc. (NASDAQ: AXON), 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.

This release was published on openPR.