Shareholders Foundation, Inc.

Astronics Corporation (NASDAQ:ATRO) Shareholder Notice: Investigation over Potential Wrongdoing

An investigation on behalf of investors in Astronics Corporation (NASDAQ:ATRO) shares over potential wrongdoing at Astronics Corporation was announced and NASDAQ:ATRO stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 05/08/2017 -- An investigation was announced for investors in shares of Astronics Corporation (NASDAQ:ATRO) concerning potential breaches of fiduciary duties by certain directors at Astronics Corporation.

Investors who purchased shares of Astronics Corporation (NASDAQ:ATRO) and currently hold any of those NASDAQ:ATRO 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 Astronics directors breached their fiduciary duties and caused damage to the company and its shareholders.

Astronics Corporation reported that its annual Total Revenue declined from $692.28 million in 2015 to $633.12 million in 2016 and that its Net Income fell from $66.97 million in 2015 to $48.42 million in 2016.

Shares of Astronics Corporation (NASDAQ:ATRO) declined from $45.05 per share in September 2016 to $28.79 per share in March 2017.

On May 4, 2017, NASDAQ:ATRO shares closed at $33.29 per share.

Those who purchased shares of Astronics Corporation 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