An investigation on behalf of investors of Orchids Paper Products Company shares over potential securities laws violations by Orchids Paper Products Company and certain of its directors and officers was announced.
Investors who purchased shares of Orchids Paper Products Company (NYSEMKT:TIS), 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 focuses on possible claims on behalf of purchasers of the securities of Orchids Paper Products Company (NYSEMKT:TIS) concerning whether certain statements by Orchids Paper Products Company regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Orchids Paper Products Company reported that its annual Total Revenue rose from $168.45 million in 2015 to $164.49million in 2016 and its respective Net Income declined from $13.56 million to $12.81 million. Shares of Orchids Paper Products Company (NYSEMKT:TIS) declined from as high as $35.85 per share in July 2016 to as low as $22.75 per share in March 2017.
On April 11, 2017, NYSEMKT: TIS shares closed at $23.61 per share.
Those who purchased NYSEMKT:TIS shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Jacob Rosenfeld
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com