An investigation for investors in NYSE:SPB shares was announced over potential breaches of fiduciary duties by certain Spectrum Brands Holdings directors.
Investors who purchased shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) 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 Spectrum Brands Holdings directors breached their fiduciary duties.
Spectrum Brands Holdings, Inc. reported that its Total Revenue increased from over $4.42 billion for the 12 months period that ended on September 30, 2014 to over $4.69 billion for the 12 months period that ended on September 30, 2015 while its respective Net Income declined from $214.09 million to $148.90 million.
Shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) grew from $43.80 per share in December 2012 to as high as $108.90 per share on March 23, 2016.
On April 6, 2016, NYSE:SPB shares closed at $109.37 per share.
Those who purchased NYSE:SPB 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