|[December 27, 2013]
Faruqi & Faruqi, LLP Launches An Investigation Against Simulations Plus, Inc. (SLP) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
NEW YORK --(Business Wire)--
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 Simulations
Plus, Inc. ("Simulations Plus" or the "Company") (NASDAQ:SLP) for
potential breaches of fiduciary duties in connection with their conduct
in seeking shareholders' approval to amend the Company's 2007 Stock
Specifically, in the Proxy Statement filed by the Company with the
Securities and Exchange Commission on December 26, 2013, the Board of
Directors recommends that Simulation Plus's shareholders vote to approve
the amended 2007 Stock Option Plan to increase the number of shares
issuable under the plan by 1,000,000 shares. The issuance of the
additional shares could have a substantial dilutive effect on the shares
of Simulations common stock.
Request more information now by clicking here: www.faruqilaw.com/SLP.
There is no cost or obligation to you.
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
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If you own common stock in Simulations Plus, Inc. and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/MTOR
or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org
or by telephone at (877) 247-4292 or (212) 983-9330.
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