San Diego, CA -- (SBWIRE) -- 03/31/2015 -- An investigation on behalf of current long-term investors in shares of Bob Evans Farms Inc (NASDAQ:BOBE) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Bob Evans Farms.

Investors who purchased shares of Bob Evans Farms Inc (NASDAQ:BOBE) shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Bob Evans Farms officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Bob Evans Farms Inc reported that its Total Revenue declined from over $1.33 billion for the 52 weeks period that ended on April 26, 2013 to over $1.32 billion for the 52 weeks period that ended on April 25, 2014 and that its Net Loss of $0.82 million for the 52 weeks period that ended on April 26, 2013 turned into a Net Income of $33.69 million for the 52 weeks period that ended on April 25, 2014.

Shares of Bob Evans Farms Inc (NASDAQ:BOBE) grew from $42.70 per share in September 2014 to as high as $60 per share on March 3, 2015.

Then on March 3, 2015, Bob Evans Farms Inc (NASDAQ:BOBE) provided an update concerning a range of strategic initiatives the Company has been evaluating and also reported its financial results for the fiscal 2015 third quarter ended Friday, January 23, 2015.

Shares of Bob Evans Farms Inc (NASDAQ:BOBE) decline to as low as $45.37 per share on March 10, 2015.

On March 27, 2015, NASDAQ:BOBE shares closed at $45.69 per share.

Those who purchased shares of Bob Evans Farms Inc (NASDAQ:BOBE), 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