An investigation for investors in NASDAQ:ASEI shares was announced over potential breaches of fiduciary duties by certain directors at American Science & Engineering.
Investors who purchased shares of American Science & Engineering, Inc. (NASDAQ:ASEI) 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 American Science & Engineering officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On April 24, 2015, American Science & Engineering, Inc disclosed that on April 17, 2015, it received a subpoena from the Office of the Inspector General of the U.S. General Services Administration (“GSA”), relating to an investigation by the GSA and the Department of Defense of our compliance with the terms and conditions of American Science & Engineering’s contractual arrangements with the GSA.
On February 8, 2016, American Science & Engineering, Inc. reported its financial results for the third quarter of fiscal year 2016 ended December 31, 2015.
Shares of American Science & Engineering, Inc. (NASDAQ:ASEI) declined to as low as $22.79 per share on February 11, 2016.
On February 19, 2016, NASDAQ:ASEI shares closed at $25.30 per share.
Those who purchased NASDAQ:ASEI 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