NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Axiom Holdings, Inc. (OTCQB:AIOM) resulting from allegations that Axiom may have issued materially misleading business information to the investing public.
On June 19, 2017, Axiom disclosed that it identified discrepancies related to prior news announcements in response to a subpoena from the U.S. Securities and Exchange Commission. Specifically, Axiom disclosed: (1) issues relating to the propriety of Axiom’s December 2016 share exchange with CJC Holdings, Ltd., under which Axiom acquired all of CJC’s outstanding shares; and (2) that the purported CEO of CJC, who signed the share exchange agreement in December 2016, had actually resigned from that role a month earlier. On this news, shares of Axiom fell sharply during intraday trading on June 20, 2017, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Axiom investors. If you purchased shares of Axiom on or before June 19, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1150.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
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