ReleaseWire

Investor Investigation over Potential Wrongdoing at MYR Group Inc (NASDAQ:MYRG)

An investigation on behalf of investors in MYR Group Inc (NASDAQ:MYRG) shares over potential wrongdoing at MYR Group Inc was announced and (NASDAQ:MYRG stockholders should contact the Shareholders Foundation.

Posted: Thursday, September 01, 2016 at 10:30 AM CDT

San Diego, CA -- (SBWire) -- 09/01/2016 --An investigation on behalf of current long-term investors in shares of MYR Group Inc (NASDAQ:MYRG) was announced over potential breaches of fiduciary duties by certain officers and directors at MYR Group.

Investors who purchased shares of MYR Group Inc (NASDAQ:MYRG) shares 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 MYR Group directors breached their fiduciary duties and caused damage to the company and its shareholders.

MYR Group Inc reported that its annual Total Revenue rose from $943.97 million in 2014 to over $1.06 billion in 2015 while its Net Income declined from $36.54 million in 2014 to $27.30 million in 2015.

Shares of MYR Group Inc (NASDAQ:MYRG) closed on August 31, 2016 at $29.00 per share.

Those who purchased shares of MYR Group 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