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AXIOM HOLDINGS LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 in Axiom Holdings, Inc. to Contact the Firm


Faruqi & Faruqi, LLP, a leading national securities law firm, reminds
investors in Axiom Holdings, Inc. ("Axiom" or the "Company")
(OTCQB:AIOM) of the August 21, 2017 deadline to seek the role of lead
plaintiff in a federal securities class action that has been filed
against the Company.

If you invested in Axiom stock or options between October 14, 2016
and June 19, 2017
and would like to discuss your legal rights, click
There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at
or at 212-983-9330 or by sending an e-mail to

The lawsuit has been filed in the U.S. District Court for the Southern
District of New York on behalf of all those who purchased Axiom
securities between October 14, 2016 and June 19, 2017 (the "Class
Period"). The case, Desvarieux v. Axiom Holdings, Inc. et al,
Docket No. 1:17-cv-04756 was filed on June 22, 2017.

The lawsuit focuses on whether the Company and its executives violated
federal securities laws. The complaint alleges that defendants during
the Class Period made false and misleading statements and/or failed to
disclose that Axiom lacked control over the merger process sufficient to
ensure the validity of its December 2016 Share Exchange Agreement (the
"SEA") with CJC Holdings Ltd ("CJC").

Specifically, on June 19, 2017, Axiom issued a press release disclosing
that it had identified discrepancies related to prior news announcements
in response to a subpoena from the Securities and Exchange Commission
regarding the SEA. The following day, Axiom issued a second press
release, advising investors that "it now appears the merger was never
completed" and advising investors that it would rescind the shares that
were issued to the CJC shareholders in connection with the merger. The
Company revealed that CJC's Chief Executive Officer ("CEO") Nankamalu,
who signed the SEA on behalf of CJC, had in fact already resigned as CEO
a month prior to the signing and the merger was not completed.

After the announcement, Axiom's share price fell from $0.90 per share on
June 19, 2017 to a closing price of $0.72 on June 20, 2017—a $0.18 or a
20% drop.

The court-appointed lead plaintiff is the investor with the largest
financial interest in the relief sought by the class who is adequate and
typical of class members who directs and oversees the litigation on
behalf of the putative class. Any member of the putative class may move
the Court to serve as lead plaintiff through counsel of their choice, or
may choose to do nothing and remain an absent class member. Your ability
to share in any recovery is not affected by the decision to serve as a
lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding
Axiom's conduct to contact the firm, including whistleblowers, former
employees, shareholders and others.

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Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We welcome the opportunity to discuss your
particular case. All communications will be treated in a confidential

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