San Diego, CA -- (SBWire) -- 05/31/2017 --Certain directors of T. Rowe Price Group Inc are under investigation over potential wrongdoing. The investigation was announced for long-term investors in NASDAQ:TROW shares concerning possible breaches of fiduciary duties by certain directors at T. Rowe Price Group Inc.
Investors who purchased shares of T. Rowe Price Group Inc (NASDAQ:TROW) 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 T. Rowe Price Group directors breached their fiduciary duties and caused damage to the company and its shareholders.
T. Rowe Price Group Inc reported that its annual Total Revenue rose from over $4.2 billion in 2015 to over $4.22 billion in 2016 and that its Net Income declined from over $1.22 billion in 2015 to over $1.21 billion in 2016. Shares of T. Rowe Price Group Inc (NASDAQ:TROW) reached as high as $87.19 per share in late 2014 and declined in 2016 to as low as $63.70 per share in late 2016.
On May 30, 2017, NASDAQ:TROW shares closed at $69.78 per share.
Those who purchased shares of T. Rowe Price Group Inc (NASDAQ:TROW) 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
NASDAQ:TROW Shareholder News: Investigation of T. Rowe Price Group Inc Announced
An investigation on behalf of investors in T. Rowe Price Group Inc (NASDAQ:TROW) shares over potential wrongdoing at T. Rowe Price Group was announced.