NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of Riot Blockchain, Inc. (NASDAQ:RIOT) concerning possible violations of federal securities laws.
The Company announced on October 4, 2017 that it would change its name from Bioptix, Inc. to Riot Blockchain, Inc. and that it would shift to an operator in blockchain technologies. Then on February 16, 2018, CNBC issued an investigative report examining issues within the Company, including allegations of insider selling, dilutive stock issuances, and the abrupt postponement of annual meetings. Following this news, shares of Riot Blockchain fell from a close of $17.20 per share on February 15, 2018, to a close of $11.46 per share on February 16, 2018.
If you suffered a loss in Riot Blockchain and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/RIOT-Info-Request-Form-266.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.