Investigation announced for Investors in shares of MEI Pharma, Inc. (NASDAQ: MEIP) over possible Violations of Securities Laws

An investigation was announced over potential securities laws violations by MEI Pharma, Inc. in connection with certain financial statements.

Investors who purchased shares of MEI Pharma, Inc. (NASDAQ: MEIP), 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 focuses on whether a series of statements by MEI Pharma, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Diego, CA based MEI Pharma, Inc., a clinical-stage pharmaceutical company, focuses on the development and commercialization of various therapies for the treatment of cancer. MEI Pharma, Inc. Reported that its Total Revenue rose from $40.69 million for the 12 months period that ended on June 30, 2022, to $48.81 million for the 12 months period that ended on June 30, 2023, and that its net Loss over those respective time periods declined from $54.45 million to $31.83 million.

Shares of MEI Pharma, Inc. (NASDAQ: MEIP) declined from $7.97 per share on May 23, 2023, to as low as $4.55 per share on January 22, 2023.

Those who purchased shares of MEI Pharma, Inc. (NASDAQ: MEIP) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

This release was published on openPR.