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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Intrexon Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Last intrexon corp earnings: 11/8 04:10 pm
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US:NYSE Investor Relations: investors.dna.com
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LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Intrexon Corporation (“Intrexon” or “the Company”) (NYSE: XON) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Intrexon filed a Form 8-K with the SEC on August 9, 2018, announcement that the Company would restate its unaudited interim consolidated financial statements for the quarter ended March 31, 2018. The Company improperly applied Accounting Standards Codification Topic 606, Revenue from Contracts with Customers, resulting in the restatement. According to Intrexon, “the
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