Shareholders Foundation, Inc.

Agios Pharmaceuticals Inc (NASDAQ:AGIO) Under Investor Investigation over Possible Violations of Securities Laws

An investigation for investors in NASDAQ:AGIO shares over potential securities laws violations by Agios Pharmaceuticals was announced and NASDAQ:AGIO stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 12/12/2016 -- An investigation on behalf of investors of Agios Pharmaceuticals Inc (NASDAQ:AGIO) shares over potential securities laws violations by Agios Pharmaceuticals in connection certain financial statements was announced.

Investors who purchased shares of Agios Pharmaceuticals Inc (NASDAQ:AGIO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Agios Pharmaceuticals Inc (NASDAQ:AGIO) concerning whether a series of statements by Agios Pharmaceuticals Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

At the 2016 American Society of Hematology meeting btween December 3 and 6, 2016, Agios Pharmaceuticals Inc presented new data for its AG-348 and AG-519 molecules, in development for treatment of pyruvate kinase deficiency. Agios Pharmaceuticals Inc reportedly stated that a case of Grade 2 thrombocytopenia (a reduction of platelets in blood cells) was reported in a patient receiving AG-519, and that an ongoing severe adverse event of drug-related cholestatic hepatitis was observed in a bioavailability and food effect study after a dose of 300 mg. Shares of Agios Pharmaceuticals Inc (NASDAQ:AGIO) declined from $67.25 per share in November 2016 to as low as $45.73 per share on December 7, 2016.

On December 9, 2016, NASDAQ:AGIO shares closed at $49.58 per share.

Those who purchased shares of Agios Pharmaceuticals Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com