An investigation on behalf of investors in BRC Inc. (NYSE: BRCC) shares over potential wrongdoing at BRC Inc. was announced.
San Diego, CA -- (SBWIRE) -- 06/16/2022 -- An investigation was announced concerning possible breaches of fiduciary duties by certain directors at BRC Inc.
Investors who purchased shares of BRC Inc. (NYSE: BRCC) and currently hold any of those BRC Inc. (NYSE: BRCC shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain BRC Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Salt Lake City CA based BRC Inc., through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel. BRC Inc. reported that its annual Total Revenue rose from $163.9 million in 2020 to $233.1 million in 2021, and that its Net Income of $4.32 million in 2020 turned into a Net Loss of $13.84 million in 2021.
Shares of BRC Inc. (NYSE: BRCC) declined from $34.00 per share on April 12, 2022, to as low as $7.54 per share on June 13, 2022.
Those who purchased shares of BRC Inc. (NYSE: BRCC) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.