The Shareholders Foundation announces that an investigation for investors who purchased RealD (NYSE:RLD) shares in 2014 or earlier and currently hold any of those NYSE:RLD shares, was launched concerning possible wrongdoing by certain RealD officers and directors.
Investors, who purchased shares of RealD (NYSE:RLD) in 2014 or earlier and currently hold any of those NYSE:RLD 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 RealD officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On January 8, 2015, RealD disclosed that on January 5, 2015, Ms. Heather O’Connor announced her resignation as Senior Vice President, Finance and Chief Accounting Officer of RealD Inc., effective January 16, 2015, to accept a position with another company. Shares of RealD (NYSE:RLD) declined from $11.92 per share on January 2, 2015 to as low as $10.81 per share on January 12, 2015.
On April 2, 2015, NYSE:RLD shares closed at $13.04 per share.
Those who purchased shares of RealD (NYSE:RLD) 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