An investigation on behalf of investors in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) shares over potential wrongdoing at Clear Channel Outdoor Holdings, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 04/23/2021 -- An investigation was announced over potential breaches of fiduciary duties by certain directors at Clear Channel Outdoor Holdings, Inc.
Investors who purchased shares of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) 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 Clear Channel Outdoor Holdings directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Antonio TX based Clear Channel Outdoor Holdings, Inc. owns, operates, and sells advertising displays in the United States and internationally. Clear Channel Outdoor Holdings, Inc. reported that its annual Total Revenue declined from over $2.68 billion in 2019 to over $1.85 billion in 2020, and that its Net Loss increased from $363.3 million in 2019 to $582.73 million in 2020.
Shares of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) closed on April 21, 2021, at $2.15 per share.
Those who purchased shares of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), 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
About 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.