PRLog - Nov. 14, 2012 - SAN DIEGO -- Certain officers and directors of Neostem Inc. are currently under investigation concerning whether they breached their fiduciary duties by paying certain top officials at Neostem Inc. excessive compensation.
Investors who are current long-term stockholders of shares of Neostem Inc. (NYSEAMEX:NBS)
The investigation by a law firm focuses on whether certain directors and officers of Neostem Inc. harmed the company by agreeing to pay certain of Neostem’s senior officers and executives excessive compensation.
Neostem Inc. (NYSEAMEX:NBS)
However, its Net Loss increased from $9.24 million in 2008 to $47.77 million in 2011. Shares of Neostem Inc. (NYSEAMEX:NBS)
The total compensation of its CEO rose from over $803,000 in 2010 to over $3.64 million in 2011.
Those who are current long-term stockholders of Neostem Inc. (NYSEAMEX:NBS)