NEW YORK, Oct. 27, 2016 /PRNewswire/ -- Levi &
Korsinsky announces it has commenced an investigation of Advaxis, Inc. (NASDAQ: ADXS) concerning possible breaches of fiduciary
duty by the board of directors of the company.
The investigation concerns the grant of an aggregate of 1,567,595 stock options to the Compensation Committee and to the
executive officers and directors of Advaxis, Inc. in 2015. In particular, we are investigating whether there was an improper
granting of "spring-loaded" stock options, as well as excessive and unfair compensation received by non-employee Board members.
To obtain additional information, go to:
http://zlk.9nl.com/advaxis
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut and
Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP