An investigation for investors in f Rovi Corporation (NASDAQ:ROVI) was announced over potential breaches of fiduciary duties by certain directors at Rovi.
Investors who purchased shares of Rovi Corporation (NASDAQ:ROVI) 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 Rovi directors breached their fiduciary duties and caused damage to the company and its shareholders.
Rovi Corporation reported that its annual Total Revenue rose from $537.39 million in 2013 to $542.31 million in 2014 while its Net Loss increased from $172.09 million in 2013 to $69.74 million in 2014. Shares of Rovi Corporation (NASDAQ:ROVI) declined from $24.88 per share in early 2015 to as low as $9.15 per share in October 2015. Since then NASDAQ:ROVI shares regained value and reached as high as $19.74 per share on January 29, 2016.
Those who purchased shares of Rovi Corporation (NASDAQ:ROVI), 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