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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151111006228/en/
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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