The Shareholders Foundation announces that an investigation on behalf of investors in Blyth, Inc. (NYSE:BTH) shares is ongoing over potential breaches of fiduciary duties by certain officers and directors at Blyth, Inc.
Investors who purchased shares of Blyth, Inc. (NYSE:BTH, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Blyth officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Blyth, Inc. reported that its Total Revenue rose from $738.95 million for the 12 months period that ended on January 31, 2011 to over $1.17 billion for the 12 months period that ended on December 31, 2012 and that its Net Income for those time periods increased from $16.23 million to $44.00 million.
Shares of Blyth, Inc. (NYSE:BTH) declined from as high as $42.34 per share in August 2012 to $9.09 per share on March 14, 2014.
On March 21, 2014, NYSE:BTH shares closed at 10.03 per share.
Those who purchased shares of Blyth, Inc. (NYSE:BTH) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com