An investigation for investors in NYSE:GHM shares was announced over potential breaches of fiduciary duties by certain officers and directors at Graham.
Investors who purchased shares of Graham Corporation (NYSE:GHM) 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 Graham Corporation directors breached their fiduciary duties.
Graham Corporation reported that its Total Revenue declined $135.17 million for the 12 months period that ended on March 31, 2015 to $90.04 million for the 12 months period that ended on March 31, 2016 and that its respective net Income decreased from $14.73 million t $6.13 million.
Shares of Graham Corporation (NYSE:GHM) declined from $39.38 per share in October 2013 to as low as $14.89 per share in early 2016.
On August 12, 2016, NYSE:GHM shares closed at $18.12 per share.
Those who purchased NYSE:GHM 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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