An investigation for investors in NASDAQ:WING shares was announced over potential breaches of fiduciary duties by certain Wingstop Inc directors.
Investors who purchased shares of Wingstop Inc (NASDAQ:WING) and currently hold any of those NASDAQ:WING 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 Wingstop directors breached their fiduciary duties.
Wingstop Inc reported that its Total Revenue rose from $67.45 million for the 52 weeks period that ended on December 27, 2014 to $77.97 million for th 52 weeks period that ended on December 26, 2015 and that its Net Income for those respective time periods increased from $8.99 million to $10.11 million. Shares of Wingstop Inc (NASDAQ:WING) grew from $21.07 per share in November 2015 to as high as $32.52 per share in August 2016.
On September 21, 2016, NASDAQ:WING shares closed at $29.17 per share.
Those who purchased NASDAQ:WING 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