An investigation for investors in NYSE:TSO shares was announced over potential breaches of fiduciary duties by certain officers and directors at Tesoro.
Investors who purchased shares of Tesoro Corporation (NYSE:TSO) and currently hold any of those NYSE:TSO 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 Tesoro officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Tesoro Corporation reported that its annual Total Revenue declined from over $40.63 billion in 2014 to $28.71 billion in 2015 and that its Net Income increased from $872 million in 2014 to over $1.54 billion in 2015.
Shares of Tesoro Corporation) grew from $70.01 per share in July 2016 to as high as $92.00 per share in December 2016.
On February 1, 2017, NYSE:TSO shares closed at $80.98 per share.
Those who purchased NYSE:TSO 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