Shareholder Alert: Purcell Julie & Lefkowitz LLP Is Investigating VIVUS, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors

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NEW YORK, May 16, 2016 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a securities class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of VIVUS, Inc. VVUS. On April 22, 2016, VIVUS's stock price closed at $1.80 per share. On May 3, 2016, VIVUS announced that its revenue for the first quarter of 2016 was $15.3 million, far less than the $32.2 million in revenue for the first quarter of 2015.  VIVUS's stock price closed at $1.16 per share on May 13, 2016.

If you are a shareholder of VIVUS and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:

http://pjlfirm.com/vivus-inc/

You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000.  One of our attorneys will personally speak with you about the case at no cost or obligation.

Purcell Julie Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct.  For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome. 

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-purcell-julie--lefkowitz-llp-is-investigating-vivus-inc-for-potential-breaches-of-fiduciary-duty-by-its-board-of-directors-300269120.html

SOURCE Purcell Julie & Lefkowitz LLP

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Posted In: Press Releases
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