The Shareholders Foundation announces that an investigation on behalf of current long-term stockholders of shares of Avery Dennison Corp (NYSE:AVY) was initiated concerning whether certain Avery Dennison officers and directors possibly breached their fiduciary duties in connection with certain statements.
Investors who are current long-term stockholder of shares of Avery Dennison Corp (NYSE:AVY), 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 Avery Dennison officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Avery Dennison Corp reported that its Total Revenue rose from over $5.86 billion for the 52 weeks period that ended on Dec. 29, 2012 to over $6.14 billion for the 52 weeks period that ended on Dec. 28, 2013 and that its Net Income for those time periods increased from $215.40 million to $215.80 million. Shares of Avery Dennison Corp grew from $24.25 per share in November 2011 to as high as $52.14 per share in January 2014. On April 15, 2014, shares of Avery Dennison Corp closed at $49.55 per share.
Those who purchased shares of Avery Dennison Corp (NYSE:AVY), 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