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SOURCE Harwood Feffer LLP
NEW YORK, Feb. 12, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against NanoViricides, Inc. ("NNVC" or the "Company") (NYSE: NNVC) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.
On February 11, 2014, a post was published on SeekingAlpha.com titled "NanoVericides: House Of Cards With -80% Downside, 'Strong Sell' Recommendation," claiming to be the "first report in a series… outlining the most egregious shareholder violations we are aware of in any NYCE company." The post linked to an "incriminating must-read document," written by a company insider outlining allegations of insiders abusing shareholders and looting the company.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, committed abuses of control, and/or made material misrepresentations in connection with the foregoing.
If you own NNVC shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Matthew M. Houston, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: email@example.com Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.