The Shareholders Foundation announced that an investigation on behalf of current long-term investors in shares of Monster Worldwide, Inc. (NYSE:MWW) shares was initiated over potential breaches of fiduciary duties by certain officers and directors at Monster Worldwide.
Investors who purchased shares of Monster Worldwide, Inc. (NYSE:MWW) shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Monster Worldwide officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Monster Worldwide, Inc. reported that its annual Total Revenue declined from $807.58 million in 2013 to $770.01 million in 2014 and that its respective Net Loss increased from $0.48 million to $289.29 million. Shares of Monster Worldwide, Inc. (NYSE:MWW) declined from $8.32 per share in March 2014 to as low as $3.65 per share in November 2014, respectively, $4.13 per share in late January 2015.
On May 5, 2015, NYSE:MWW shares closed at $5.58 per share.
Those who purchased shares of Monster Worldwide, Inc. (NYSE:MWW), 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