An investigation on behalf of investors in Gaia Inc (NASDAQ:GAIA) shares over potential wrongdoing at Gaia Inc was announced and NASDAQ:GAIA stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/27/2016 -- An investigation on behalf of investors in shares of Gaia Inc (NASDAQ:GAIA) was announced over potential breaches of fiduciary duties by certain officers and directors at Gaia Inc.
Investors who purchased shares of Gaia Inc (NASDAQ:GAIA) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Gaia officers and directors breached their fiduciary duties.
Gaia Inc reported that while its annual Total Revenue rose from $166.69 million in 2014 to $188.02 million in 2015 its Net Loss increased from $9.92 million in 2014 to $11.71 million in 2015. Shares of Gaia Inc (NASDAQ:GAIA) grew from $4.74 per share in February 2016 to as high as $8.22 per share in August 2016.
Those who purchased shares of Gaia Inc 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