An investigation on behalf of investors in Allison Transmission Holdings Inc (NYSE:ALSN) shares over potential wrongdoing at Allison Transmission Holdings Inc was announced and NYSE:ALSN stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/04/2016 -- An investigation for investors in NYSE:ALSN shares was announced over potential breaches of fiduciary duties by certain officers and directors at Allison Transmission Holdings.
Investors who purchased shares of Allison Transmission Holdings Inc (NYSE:ALSN) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Allison Transmission Holdings officers and directors breached their fiduciary duties.
Allison Transmission Holdings Inc reported that its annual Total Revenue declined from over $2.12 billion in 2014 to over $1.98 billion in 2015 and that its Net Income decreased from $228.60 million in 2014 to $182.30 million in 2015. Shares of Allison Transmission Holdings Inc (NYSE:ALSN) grew from $22.17 per share in February 2016 to as high as $29.79 per share in July 2016.
On November 3, 2016, NYSE:ALSN shares closed at $28.42 per share
Those who purchased shares of Allison Transmission Holdings Inc 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