An investigation on behalf of investors in Autodesk, Inc. (NASDAQ:ADSK) shares over potential wrongdoing at Autodesk, Inc. was announced and NASDAQ:ADSK stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/05/2016 -- An investigation for shareholders of Autodesk, Inc. (NASDAQ:ADSK) was announced over potential breaches of fiduciary duties by certain directors.
Investors who purchased shares of Autodesk, Inc. (NASDAQ:ADSK) 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 Autodesk directors breached their fiduciary duties and caused damage to the company and its shareholders.
Autodesk, Inc. reported that its Total Revenue declined from over $2.51 billion for the 12 months period that ended on January 31, 2015 to over $2.5 billion for the 12 months period that ended on January 31, 2016 and that its Net Income of $81.80 million for the 12 months period that ended on January 31, 2015 turned into a Net Loss of $330.50 million for the 12 months period that ended on January 31, 2015.
Shares of Autodesk, Inc. (NASDAQ:ADSK) declined from $65.29 per share in December 2015 to as low as $44.92 per share on February 12, 2016.
On May 4, 2016, NASDAQ:ADSK shares closed at $58.73 per share.
Those who purchased shares of Autodesk, Inc. (NASDAQ:ADSK), 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