An investigation on behalf of investors in Bristow Group Inc (NYSE:BRS) shares over potential wrongdoing at Bristow Group was announced and NYSE:BRS stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/26/2016 -- An investigation for investors in shares of Bristow Group Inc (NYSE:BRS) was announced over potential breaches of fiduciary duties.
Investors who purchased shares of Bristow Group Inc (NYSE:BRS) 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 Bristow Group directors breached their fiduciary duties.
Bristow Group Inc reported that its Total Revenue rose from over $1.66 billion for the 12 months period that ended on March 31, 2014 to over $1.85 billion for the 12 months period that ended on March 31, 2015 while its Net Income for those respective time periods declined from $186.74 million to $84.30 million.
Shares of Bristow Group Inc (NYSE:BRS) declined from $83.81 per share in November 2013 to as low as $111.04 per share on February 11, 2016.
On May 24, 2016, NYSE:BRS shares closed at $14.19 per share.
Those who purchased shares of Bristow Group Inc 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