Orexigen Therapeutics, Inc. Investor Lawsuit against Directors filed
A lawsuit was filed by a current investor in NASDAQ-OREX shares against certain directors of Orexigen Therapeutics and current long-term NASDAQ-OREX stockholders should contact the Shareholders Foundation at email@example.com
Investors who are current long-term stockholder of shares of Orexigen Therapeutics, Inc. , have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org (mailto:mail@
According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties by awarding themselves in excess of the 1.5million annual stock options allowed.
Orexigen Therapeutics, Inc. reported that its annual Total Revenue declined from $4.40 million in 2011 to $3.43 million in 2012 and that its respective Net Loss increased from $28.06 million to $90.09 million.
On December 13, 2013, NASDAQ-OREX shares closed at $5.58 per share.
Those who purchased shares of Orexigen Therapeutics, Inc. have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
Shareholders Foundation, Inc.