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INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Claims Against Applied DNA Sciences Inc. and Advises Investors to Contact the Firm

2015-11-11 13:01 ET - News Release


IRVINE, Calif. -- (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.comarticle 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.

Contacts:

Khang & Khang LLP
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

Source: Khang & Khang LLP

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