San Diego, CA -- (SBWIRE) -- 05/16/2023 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Harrow Health, Inc.

Investors who purchased shares of Harrow Health, Inc. (NASDAQ: HROW) 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 Harrow Health, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Nashville, TN based Harrow Health, Inc. operates as an ophthalmic-focused healthcare company Harrow Health, Inc. reported that its annual Total Revenue rose from $48.87 million in 2020 to $72.47 million in 2021, and that its Net Loss increased from $2.23 million in 2020 to $5.43 million in 2021.

On February 22, 2023, Bonitas Research published a report alleging, among other things, that Harrow Health, Inc. had concealed a U.S. Department of Justice investigation into its sales practices and that it had engaged in suspect transactions with former subsidiaries. Moreover, Harrow did not disclose that it had received a warning letter from the U.S. Food and Drug Administration for making false and misleading marketing claims, but months later, the Company issued a nationwide recall.

Shares of Harrow Health, Inc. (NASDAQ: HROW) declined from $20.31 per share on February 8, 2023, to as low as $15.22 per share on February 22, 2023.

Those who purchased shares of Harrow Health, Inc. (NASDAQ: HROW) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
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.