An investigation on behalf of investors in Multi-Color Corporation (NASDAQ:LABL) shares over potential wrongdoing at Multi-Color was announced and NASDAQ:LABL stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 09/21/2015 -- An investigation for investors in shares of Multi-Color Corporation (NASDAQ:LABL) shares was announced over potential breaches of fiduciary duties by certain Multi-Color directors.
Investors who purchased shares of Multi-Color Corporation (NASDAQ:LABL) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call 858-779-1554.
The investigation by a law firm concerns whether certain Multi-Color officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Multi-Color Corporation reported that its Total Revenue rose from $706.43 million for the 52 weeks period that ended on March 31, 2014 to $810.77 million for the 52 weeks period that ended on March 31, 2015 and that its respective Net Income increased from $28.22 million to $45.72 million.
In June 2015 NASDAQ:LABL shares declined to as low as $57.12 per share.
On September 18, 2015, NASDAQ:LABL shares closed at $67.64 per share.
Those who purchased shares of Multi-Color Corporation (NASDAQ:LABL) 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