An investigation was announced for investors in NYSE:WRK shares concerning possible breaches of fiduciary duties by certain directors at WestRock Co.
Investors who purchased shares of WestRock Co (NYSE:WRK) and currently hold any of those NYSE:WRK 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 WestRock officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Norcross, GA based WestRock Company is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. WestRock Co reported that its Total Revenue rose from over $11.12 billion for the 12 months period that ended on September 30, 2015 to over $14.17 billion for the 12 months period that ended on September 30, 2016 and that its Net Income of $507.10 million for the 12 months period that ended on September 30, 2015 declined to a Net Loss of $396.30 million for the 12 months period that ended on September 30, 2016.
Shares of WestRock Co (NYSE:WRK) rose from $31.56 per share in February 2016 to as high as $55.62 per share in Janaury 2017.
On April 12, 2017, NYSE:WRK shares closed at $49.83 per share.
Those who purchased NYSE:WRK 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