An investigation for investors in NYSE:PBH shares was announced over potential breaches of fiduciary duties by certain officers and directors at Prestige Brands Holdings.
Investors who purchased shares of Prestige Brands Holdings, Inc. (NYSE:PBH) and currently hold any of those NYSE:PBH 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 Prestige Brands Holdings directors breached their fiduciary duties and caused damage to the company and its shareholders.
Prestige Brands Holdings, Inc. reported that its Total Revenue rose from $597.38 million for the 12 months period that ended on March 31, 2014 to $806.25 million for the 12 months period that ended on March 31, 2016 and that its respective Net Income increased from $72.61 million to $99.91 million. Shares of Prestige Brands Holdings, Inc. (NYSE:PBH) grew from $30.50 per share in October 2014 to as high as $57.60 per share in May 2016.
On July 28, 2016, NYSE:PBH shares closed on $53.81 per share.
Those who purchased NYSE:PBH 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