San Diego, CA -- (SBWire) -- 10/06/2022 --An investigation was announced for current long-term investors in shares of Apyx Medical Corporation (NASDAQ: APYX) concerning potential breaches of fiduciary duties by certain directors of Apyx Medical Corporation.
Investors who are investors in Apyx Medical Corporation (NASDAQ: APYX) shares, 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 for investors in NASDAQ: APYX stocks follows a lawsuit filed against Apyx Medical Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: APYX stocks, concerns whether certain Apyx Medical Corporation directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants failed to disclose to investors that a significant number of Apyx's Advanced Energy products were used for off-label indications, that such off-label uses led to an increase in the number of medical device reports filed by Apyx Medical Corporation reporting serious adverse events, that, as a result, the Company was reasonably likely to incur regulatory scrutiny, that, as a result of the foregoing, the Company's financial results would be adversely impacted, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis
Those who purchased shares of Apyx Medical Corporation (NASDAQ: APYX) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.
Apyx Medical Corporation (NASDAQ:APYX) Long Term Shareholder Notice: Investigation of Potential Wrongdoing
An investigation on behalf of current long term investors in Apyx Medical Corporation (NASDAQ:APYX) shares over possible breaches of fiduciary duty by certain officers and directors was announce.