An investigation on behalf of investors in Knowles Corp (NYSE:KN) shares over potential wrongdoing at Knowles Corp was announced and NYSE:KN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 01/19/2016 -- An investigation for shareholders in Knowles Corp (NYSE:KN) was announced over potential breaches of fiduciary duties by certain officers and directors at Knowles Corp.
Investors who purchased shares of Knowles Corp (NYSE:KN) and currently hold any of those NYSE:KN 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 Knowles officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Knowles Corp reported that its annual Total Revenue declined from over $1.21 billion in 2013 to over $1.14 billion in 2014 and that its Net Income of $105.80 million in 2013 declined to a Net Loss of $87.00 million in 2014. Shares of Knowles Corp (NYSE:KN) declined from $32.92 per share in August 2014 to as low as $11.21 per share on January 12, 2016.
On January 15, 2016, NYSE:KN shares closed at $11.54 per share.
Those who purchased shares of Knowles Corp (NYSE:KN), 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