An investigation on behalf of investors of New Senior Investment Group Inc (NYSE:SNR) shares over potential securities laws violations by New Senior Investment Group and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of New Senior Investment Group Inc (NYSE:SNR), 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 focuses on possible claims on behalf of purchasers of the securities of New Senior Investment Group Inc (NYSE:SNR) concerning whether a series of statements by New Senior Investment Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
New Senior Investment Group Inc reported that its annual Total Revenue rose from $36.42 million in 2011 to $254.99 million in 2014 while its Net Income of $3.77 million in 2011 declined to a Net Loss of $46.40 million in 2014. Shares of New Senior Investment Group Inc (NYSE:SNR) declined from as high as $19.30 per share in November 2014 to as low as $8.63 per share on January 14, 2016.
On January 15, 2015, NYSE:SNR shares closed at $8.74 per share.
Those who purchased shares of New Senior Investment Group Inc (NYSE:SNR) 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