Looks like Jorden being investigated at OPXA. Need this lawfirm to swing on over to CMXI
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Opexa Therapeutics, Inc. (“Opexa” or the “Company”) (OPXA) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the Company’s Amended and Restated 2010 Stock Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on October 3, 2013, the Board of Directors recommends that Opexa’s shareholders vote to approve an amendment to the Company’s Amended and Restated 2010 Stock Incentive Plan to increase the number of shares available for issuance thereunder by 3,000,000 shares. The issuance of the additional shares could have a substantial dilutive effect on the shares of Opexa common stock.