San Diego, CA -- (SBWire) -- 03/13/2013 --An investigation on behalf of investors in shares of Snyder S Lance Inc (NASDAQ:LNCE) was announced concerning whether certain Snyder S Lance officers and directors possibly breached their fiduciary duties in connection with certain statements.
Investors who are current long term stockholders of shares of Snyder S Lance Inc (NASDAQ:LNCE), 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 Snyder S Lance officers and directors breached their fiduciary duties and caused damage to the company. and its shareholders by failing to implement adequate internal controls.
Snyder S Lance Inc (NASDAQ:LNCE) reported that its annual Total Revenue declined from $1.63 billion in 2011 to $1.61 billion in 2012. However its, Net Income for those time periods increased from $38.26 million to $59.09 million.
Shares of Snyder S Lance Inc (NASDAQ:LNCE) increased from as low as $17.97 per share in early 2011 to as high as $26.28 per share in May 2012.
On March 12, 2013, NASDAQ:LNCE shares closed at $24.91.
Those who are current long term stockholders of shares of Snyder S Lance Inc (NASDAQ:LNCE), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
Contact:
Shareholders Foundation, Inc.
Jacob Rosenfeld
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
Alert: Snyder S Lance Inc (LNCE) Long-Term Stockholder Investigation
An investigation for investors in shares of Snyder S Lance Inc (NASDAQ:LNCE) over potential wrongdoing by certain officers and directors of Snyder S Lance Inc was announced and NASDAQ:LNCE stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com