An investigation on behalf of investors in Chesapeake Utilities Corporation (NYSE:CPK) shares over potential wrongdoing at Chesapeake Utilities was announced and NYSE:CPK stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/04/2016 -- An investigation for shareholder in Chesapeake Utilities Corporation (NYSE:CPK) was announced over potential breaches of fiduciary duties by certain Chesapeake Utilities directors.
Investors who purchased shares of Chesapeake Utilities Corporation (NYSE:CPK) 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 Chesapeake Utilities directors breached their fiduciary duties.
Chesapeake Utilities Corporation reported that its annual Total Revenue rose from $392.50 million in 2012 to $498.93 million in 2014 and that its Net Income increased from $28.86 million in 2012 to $36.09 million in 2014. Shares of Chesapeake Utilities Corporation (NYSE:CPK) grew from $42.13 per share in October 2014 to as high as $67.36 per share on February 9, 2016.
On March 2, 2016, NYSE:CPK shares closed at $61.20 per share.
Those who purchased shares of Chesapeake Utilities Corporation (NYSE:CPK), 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