An investigation for investors in NYSE:LNKD shares was announced over potential breaches of fiduciary duties by certain directors at LinkedIn Corp.
Investors who purchased shares of LinkedIn Corp (NYSE:LNKD) and currently hold any of those LinkedIn Corp (NYSE:LNKD 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 LinkedIn Corp directors breached their fiduciary duties and caused damage to the company and its shareholders.
On February 4, 2016, LinkedIn Corp announced its fourth quarter and full year 2015 results and provided its business outlook for its first quarter and full year 2016. LinkedIn Corp reported that its annual Total Revenue rose from over $2.21 billion in 2014 to over $2.99 billion in 2015, while its Net Loss increased from $15.75 million in 2014 to $166.14 million in 2015. Shares of LinkedIn Corp (NYSE:LNKD) declined from $25.287 per share in November 2015 to as low as $98.25 per share on February 10, 2016.
On February 19, 2016, NYSE:LNKD shares closed at $114.32 per share.
Those who purchased NYSE:LNKD 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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