An investigation on behalf of investors in Cincinnati Bell Inc. (NYSE:CBB) shares over potential wrongdoing at Cincinnati Bell was announced and NYSE:CBB stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 06/09/2016 -- An investigation was announced for investors in shares of Cincinnati Bell Inc. over potential breaches of fiduciary duties by certain Cincinnati Bell directors.
Investors who purchased shares of Cincinnati Bell Inc. (NYSE:CBB) and currently hold any of those NYSE:CBB 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 Cincinnati Bell directors breached their fiduciary duties and caused damage to the company and its shareholders.
Cincinnati Bell Inc. reported that its annual Total Revenue rose from over $1.07 billion in 2013 to over $1.16 billion in 2015 and that its Net Loss of $64.90 million in 2013 turned into a Net Income of $290.80 million in 2015.
Shares of Cincinnati Bell Inc. (NYSE:CBB) closed on June 7, 2016, at $3.99 per share.
Those who purchased shares of Cincinnati Bell 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