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Robbins Arroyo LLP: Intrexon Corporation (XON) Misled Shareholders According to a Recently Filed Class Action

SAN DIEGO & GERMANTOWN, Md.--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP announces that a class action complaint was filed against Intrexon Corporation (NYSE: XON) in the U.S. District Court for the Northern District of California. The plaintiff brings the complaint on behalf of all purchasers of Intrexon securities between May 12, 2015 and April 20, 2016, for alleged violations of the Securities Exchange Act of 1934 by Intrexon's officers and directors. Intrexon operates in the synthetic biology field in the United States.

View this information on the law firm's Shareholder Rights Blog:

Intrexon Accused of Overstating Its Revenue

According to the complaint, during 2015 and 2016, Intrexon filed multiple quarterly reports and an annual report with the U.S. Securities and Exchange Commission, attesting to the accuracy and effectiveness of the company's internal controls...