An investigation on behalf of investors in National CineMedia, Inc. (NASDAQ: NCMI) shares over potential wrongdoing at National CineMedia, Inc. was announced and NASDAQ: NCMI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 06/21/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at National CineMedia.
Investors who purchased shares of National CineMedia, Inc. (NASDAQ: NCMI) 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 National CineMedia, Inc. (NASDAQ: NCMI officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Centennial, CO based National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates an in-theatre digital media network in North America. National CineMedia, Inc. reported that its annual Total Revenue rose from $447.6 million in 2016 to $426.1 million in 2017 and that its Net Income declined from $20.40 milion in 2016 to $2.5 million in 2017.
Shares of National CineMedia, Inc. (NASDAQ: NCMI) declined from %16.05 per share in late 2016 to as low as $5.12 per share in September 2017.
On June 20, 2018, NASDAQ: NCMI shares closed at $8.15 per share.
Those who purchased shares of National CineMedia, Inc. (NASDAQ: NCMI), 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