Roy Jacobs & Associates Continues and Expands Investigation on Behalf of Great Basin Scientific, Inc. Shareholders
December 01 2015 - 4:54PM
Business Wire
Roy Jacobs & Associates announces that it continues and has
expanded its investigation as to whether the Board of Directors of
Great Basin Scientific, Inc. (“GBSN” or “the Company”) violated the
federal securities laws and/or state fiduciary laws, and if so,
what legal action can be taken to protect shareholder
interests.
The investigation centers on the Company’s sale on February 25,
2015 of 2,724,000 units (“Units”) in a public offering, which (upon
conversion into preferred stock and warrants) resulted in an
obligation to issue hundreds of millions of new shares,
dramatically reducing the stock price to a penny stock from its
2015 high of $6.10.
If you purchased Units in the February 2015 Offering and have a
loss on that investment (and whether or not you still hold GBSN
shares and/or Warrants) and wish to discuss potentially joining in
an action to protect your rights, or have any questions concerning
this notice, please contact Roy Jacobs. Mr. Jacobs will personally
speak with you at no cost or obligation.
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Roy Jacobs & AssociatesRoy L. Jacobs,
Esq.1-888-884-4490—Toll freerjacobs@jacobsclasslaw.com