An investigation on behalf of investors in NASDAQ:CNSL shares over potential wrongdoing at Consolidated Communications Holdings Inc was announced and NASDAQ:CNSL stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 01/20/2017 -- An investigation on behalf of investors in shares of Consolidated Communications Holdings Inc (NASDAQ:CNSL) was announced over potential breaches of fiduciary duties by certain directors at Consolidated Communications Holdings.
Investors who purchased shares of Consolidated Communications Holdings Inc (NASDAQ:CNSL) and currently hold any of those NASDAQ:CNSL shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Consolidated Communications Holdings officers and directors breached their fiduciary duties.
Mattoon, IL based Consolidated Communications Holdings, Inc. is a holding company with operating subsidiaries that provide integrated communications services in consumer, commercial and carrier channels. Consolidated Communications Holdings Inc reported that its annual Total Revenue rose from $635.74 million in 2014 to $775.74 million in 2015 and that its Net Income of $15.07 million in 2014 declined to a Net Loss of $0.88 million in 2015.
On January 19, 2017, NASDAQ:CNSL shares closed at $26.22 per share.
Those who purchased shares of Consolidated Communications Holdings 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