An investigation for investors in NYSE:AME shares was announced over potential breaches of fiduciary duties by certain directors at AMETEK.
Investors who purchased shares of AMETEK, Inc. (NYSE:AME) 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 AMETEK officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
AMETEK, Inc. reported that its annual Total Revenue declined from over $4.02 billion in 2014 to over $3.97 billion in 2015 and that its Net Income increased from $584.46 million to $590.86 million. Shares of AMETEK, Inc. (NYSE:AME) declined from $56.86 per share in November 2015 to as low as $44.04 per share in February 2016.
On April 14, 2016, NYSE:AME shares closed at $50.68 per share.
Those who purchased NYSE:AME 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