An investigation for investors in NYSE:PKG shares was announced over potential breaches of fiduciary duties by certain officers and directors at Packaging Corp Of America.
Investors who purchased shares of Packaging Corp Of America (NYSE:PKG) and currently hold any of those NYSE:PKG 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 Packaging Corp Of America officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Packaging Corp Of America reported that its annual Total Revenue declined from over $5.85 billion in 2014 to over $5.74 billion in 2015 and that its Net Income increased from $392.60 million in 2014 to $436.80 million in 2015.Shares of Packaging Corp Of America (NYSE:PKG) grew from $26.64 per share in May 2012 to as high as $83.67 per share in February 2015 and declined then to as low as $45.15 per share in February 2016
On October 13, 2016, NYSE:PKG shares closed at $81.35 per share per share.
Those who purchased NYSE:PKG 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