An investigation for investors in NASDAQ:HMHC shares was announced over potential breaches of fiduciary duties by certain officers and directors at Houghton Mifflin Harcourt.
Investors who purchased shares of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) and currently hold any of those NASDAQ:HMHC 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 Houghton Mifflin Harcourt Co officers and directors breached their fiduciary duties.
Boston, MA based Houghton Mifflin Harcourt Co reported that its annual Total Revenue rose from over $1.37 billion in 2014 to over $1.41 billion in 2015 while its respective Net Loss increased from $111.49 million to $133.87 million. Shares of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) declined from $26.71 per share in June 2015 to as low as $16.00 per share in February 2016.
On June 30, 2016, NASDAQ:HMHC shares closed at $15.63 per share.
Those who purchased NASDAQ:HMHC 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