A lawsuit was filed by a current investor in NYSE:DUK shares over alleged breaches of fiduciary duties by certain directors of Duke Energy Corp and NYSE:DUK stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 06/10/2015 -- An investor who currently holds NYSE:DUK shares filed a lawsuit against certain executives of Duke Energy Corp in connection with their role in a 2014 coal ash spill in the Dan River in North Carolina.
Investors who purchased shares of Duke Energy Corp (NYSE:DUK) and currently hold any of those NYSE:DUK shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff alleges that certain executives at Duke Energy Corp purposely withheld information about their role in a coal ash spill in a proxy statement to shareholders inviting them to the annual meeting at which they were re-elected. The plaintiff claims that those executives waited to publicly disclose a settlement with the U.S. Department of Justice and the U.S. Environmental Protection Agency until after they were re-elected,
Duke Energy Corp reported that its annual Total Revenue rose from over $14.52 billion in 2011 to over $23.92 billion in 2014 and that its respective Net Income increase from over $1.7 billion to over $1.88 billion. Shares of Duke Energy Corp (NYSE:DUK) grew from $65.45 per share in September 2013 to as high as $88.72 per share in January 2015.
On June 8, 2015, NYSE:DUK shares closed at $72.45 per share.
Those who purchased shares of Duke Energy Corp (NYSE:DUK) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego