Newman Ferrara LLP Announces Corporate Governance Investigation of Stemline Therapeutics Inc. – STML

NEW YORK–(BUSINESS WIRE)–$STML #NYTop100–Newman Ferrara LLP announced today that the firm is conducting an
investigation on behalf of shareholders of Stemline Therapeutics Inc.
(“Stemline” or the “Company”) (NASDAQ:STML) into potential breaches of
fiduciary duty by the Company’s Board of Directors (the “Board”).

Stemline, headquartered in New York, NY, is a clinical-stage
biopharmaceutical company focused on the development and
commercialization of oncology therapies. Newman Ferrara’s investigation
focuses on decisions made by the Board, without shareholder approval,
the result of which significantly diminish shareholder value and do not
benefit the Company. Considering the Company’s lackluster performance
and mounting loss since its February 2013 IPO, it is clear that the
Board lacks the ability to fairly assess and oversee the Company’s
direction and leadership.

Current Stemline stockholders seeking more information on this matter
are invited to contact Newman Ferrara partner Jeffrey Norton (jnorton@nfllp.com)
to discuss this investigation and their rights.

Newman Ferrara maintains a multifaceted practice based in New York City
with attorneys specializing in complex commercial and multi-party
litigation, securities fraud and shareholder litigation, consumer
protection, civil rights, and real estate. For more information, please
visit the firm website at www.nfllp.com.

Contacts

Newman Ferrara LLP
Jeffrey M. Norton
jnorton@nfllp.com

leverton

I have been involved with publishing and marketing for the past 32 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard.I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice".Contact me directly at lee@leeeverton.coom for scheduling information.