The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of Southern Copper Corp (NYSE:SCCO) shares was launched over potential breaches of fiduciary duties by certain officers and directors at Southern Copper.
Investors who purchased shares of Southern Copper Corp (NYSE:SCCO) and currently hold any of those NYSE:SCCO shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Southern Copper officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Southern Copper Corp reported that its annual Total Revenue declined from over $6.81 billion in 2011 to over $5.78 billion in 2014 and that its Net Income fell from over $2.33 billion in 2011 to over $1.33 billion in 2014. Shares of Southern Copper Corp (NYSE:SCCO) traded in early 2013 as high as $41.26 per share.
Those who purchased shares of Southern Copper Corp (NYSE:SCCO), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com