INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Claims Against Applied DNA Sciences Inc. & Advises Investors ...
November 11 2015 - 1:01PM
Business Wire
Khang & Khang LLP announces that it is investigating claims
of potential misrepresentations by Applied DNA Sciences Inc.
(“Applied DNA” or the “Company”) (NASDAQ: APDN). The investigation
focuses on whether the Company and its officers violated securities
laws by issuing misleading information to investors.
If you purchased shares of Applied DNA during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101
Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
The investigation concerns whether the Company violated the
Securities Exchange Act of 1934. Specifically, the investigation
will focus on a October 29, 2015, SeekingAlpha.com article alleging
that Applied DNA “has spent 6.6x more on insider compensation than
R&D” and “is now facing imminent insolvency.”
If you wish to learn more about this lawsuit, or if
you have any questions concerning this notice or your rights,
please contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by email at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20151111006228/en/
Khang & Khang LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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