An investigation was announced for investors in NYSE:RFP shares concerning possible breaches of fiduciary duties by certain Resolute Forest Products directors.
Investors who purchased shares of Resolute Forest Products Inc (NYSE:RFP) and currently hold any of those NYSE:RFP 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 Resolute Forest Products officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Resolute Forest Products Inc reported that its annual Total Revenue declined from over $4.25 billion in 2014 to over $3.54 billion in 2016 while its respective Net Loss declined from $277 million to $81 million.
Shares of Resolute Forest Products Inc (NYSE:RFP) declined from over $21.45 per share in February 2014 to as low as $3.95 per share in November 2016.
On April 18, 2017, NYSE:RFP shares closed at $5.35 per share.
Those who purchased NYSE:RFP shares 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
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