An investigation for investors in Brown-Forman Corporation (NYSE:BF.B) was announced over potential breaches of fiduciary duties by certain Brown-Forman directors.
Louisville, KY based Brown-Forman Corporation manufactures, bottles, imports, exports, markets and sells alcoholic beverages.
Investors who purchased shares of Brown-Forman Corporation (NYSE:BF.B) 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 Brown-Forman Corporation (NYSE:BF.B officers and directors breached their fiduciary duties.
Brown-Forman Corporation reported that its Total Revenue rose over $2.72 billion for the 12 months period that ended on April 30, 2012 to over $3.13 billion for the 12 months period that ended on April 30, 2015 and that its Net Income for those respective time periods increased from $513 million to $684 million.
Shares of Brown-Forman Corporation (NYSE:BF.B) rose from $62.05 per share in December 2012 to as high as $109.81 per share in August 2015.
On February 17, 2016, NYSE:BF.B shares closed at $99.84 per share.
Those who purchased shares of Brown-Forman Corporation (NYSE:BF.B), 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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