NEW YORK, Sept. 29, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of MGT Capital Investments, Inc. ("MGT" or the "Company") (NYSE: MGT), concerning whether the board has breached its fiduciary duties to shareholders.
During 2016, MGT entered into a large transaction through which it was to list 43.8 million additional shares. On September 19, 2016,MGT disclosed that it had received a subpoena from the Securities and Exchange Commission, and that the NYSE has refused to list 43.8 million shares.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own MGT shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
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