The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of Caterpillar Inc. (NYSE:CAT) shares was launched over potential breaches of fiduciary duties by certain officers and directors at Caterpillar Inc.
Investors who purchased shares of Caterpillar Inc. (NYSE:CAT) 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 Caterpillar officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Caterpillar Inc. reported that its annual Total Revenue declined from over $65.87 billion in 2012 to over $55.18 billion in 2014 and that its respective Net Income declined from over $5.68 billion to over $3.69 billion. Shares of Caterpillar Inc. (NYSE:CAT) declined from over $111 per share in July 2014 to as low as $78.25 per share in March 2015.
On June 26, 2015, NYSE:CAT shares closed at $86.83 per share.
Those who purchased shares of Caterpillar Inc. (NYSE:CAT) 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