San Diego, CA -- (SBWire) -- 04/09/2013 --An investigation on behalf of investors in shares of MRC Global Inc (NYSE:MRC) was announced concerning whether certain MRC Global officers and directors possibly breached their fiduciary duties in connection with certain statements.
Investors who are current long term stockholders of shares of MRC Global Inc (NYSE:MRC), 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, among other things, whether certain MRC Global officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by failing to implement adequate internal controls.
MRC Global Inc reported that its annual Revenue rose from over $4.83 billion in 2011 to over $5.57 billion in 2012 and its respective Net Income increased from $28.98 million to $117.96 million.
Shares of MRC Global Inc (NYSE:MRC) grew from $19.73 per share in June 2012 to as high as $33.04 per share in March 2013.
Those who are current long term stockholders of shares of MRC Global Inc (NYSE:MRC) have certain options and should contact the Shareholders Foundation.
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
MRC Global Inc (NYSE:MRC) Long-Term Investor Alert: Investigation Announced
An investigation for investors in shares of MRC Global Inc (NYSE:MRC) over potential wrongdoing by certain officers and directors was announced and current long-term NYSE:MRC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com