An investigation for investors in NYSE:AKS shares was announced over potential breaches of fiduciary duties by certain directors at AK Steel Holding.
Investors who purchased shares of AK Steel Holding Corporation (NYSE:AKS) 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 AK Steel Holding officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
AK Steel Holding Corporation reported that its annual Total Revenue rose from over $6.5 billion in 2014 to over $6.69 billion in 2015 while its Net Loss increased from $96.60 million in 2013 to $509 million in 2015. Shares of AK Steel Holding Corporation (NYSE:AKS) declined from $10.92 per share in August 2014 to as low as $1.83 per share in January 2016.
On August 3, 2016, NYSE:AKS shares closed at $6.22 per share.
Those who purchased NYSE:AKS 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