An investigation for investors in NYSE:SPN shares was announced over potential breaches of fiduciary duties by certain directors at Superior Energy Services.
Investors who purchased shares of Superior Energy Services, Inc. (NYSE:SPN) 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 Superior Energy Services directors breached their fiduciary duties.
Superior Energy Services, Inc. reported that its annual Total Revenue declined from over $4.55 billion in 2014 to over $2.77 billion in 2015 and that its Net Income of $257.82 million in 2014 declined to a Net Loss of $1.85 billion in 2015. Shares of Superior Energy Services, Inc. (NYSE:SPN) declined from $36.67 per share in June 2014 to as low as $8.25 per share in February 2016.
On April 11, 2016, NYSE:SPN shares closed at $13.35 per share.
Those who purchased shares of Superior Energy Services, Inc. (NYSE:SPN) 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