Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of ChromaDex Corporation (NASDAQ: CDXC) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of ChromaDex Corporation (NASDAQ: CDXC) concerning whether a series of statements by ChromaDex Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On June 20, 2016, a report published by Bleecker Street Research claimed ChromaDex shareholder Barry Honig used a group of puppet directors and officers to secretly control ChromaDex. Also, Bleecker Street Research claimed that ChromaDex's profitability for the first quarter of 2016 is "likely fake" and "appears to be engineered."
Following this news, NASDAQ: CDXC shares declined almost 43% on June 20, 2016.
Based in Irvine, California, and founded in 1999 ChromaDex Corporation discovers, acquires, develops, and commercializes patented and proprietary ingredient technologies.
If you purchased shares of ChromaDex Corporation (NASDAQ: CDXC) on or before June 20, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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