NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Advaxis, Inc. (NASDAQ: ADXS) concerning possible breaches of fiduciary duty by the board of directors of the company.
The investigation concerns the grant of an aggregate of 1,567,595 stock options to the Compensation Committee and to the executive officers and directors of Advaxis, Inc. in 2015. In particular, we are investigating whether there was an improper granting of “spring-loaded” stock options, as well as excessive and unfair compensation received by non-employee Board members. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
