An investigation was announced for investors in NYSE:ALL shares concerning possible breaches of fiduciary duties by certain Allstate Corp directors.
Investors who purchased shares of Allstate Corp (NYSE:ALL) and currently hold any of those NYSE:ALL 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 Allstate directors breached their fiduciary duties and caused damage to the company and its shareholders.
Allstate Corp reported that its annual Total Revenue rose from over $36.1 billion in 2015 to over $36.84 billion in 2016 and that its Net Income declined from over $2.17 billion in 2015 to over $1.87 billion in 2016.
Shares of Allstate Corp (NYSE:ALL) grew from $58.13 per share in January 2016 to as high as $82.89 per share in March 2017.
On May 3, 2017, NYSE:ALL shares closed at $84.93 per share.
Those who purchased NYSE:ALL 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