SAN DIEGO, CA / ACCESSWIRE / April 23, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in Amyris Inc (NASDAQ: AMRS) shares.
Investors, who purchased shares of Amyris Inc (NASDAQ: AMRS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On March 19, 2019, Amyris Inc announced was unable to file its annual report for fiscal year ended December 31, 2018 on time due to "the significant time and resources that were devoted to the accounting for and disclosure of the significant transactions with Koninklijke DSM N.V. that closed in November 2018." Amyris Inc also disclosed that it was "in the process of completing its evaluation of internal control over financial reporting."
On April 3, 2019, a lawsuit was filed against Amyris Inc over alleged Securities Laws Violations. The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Company lacked sufficient resources to accurately account for certain transactions, that, as a result, there was a material weakness in the Company's internal controls over financial reporting, that, as a result, the Company would be unable to timely file its annual report, 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 Amyris Inc (NASDAQ: AMRS) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
SOURCE: Shareholders Foundation, Inc.