An investigation on behalf of investors in First Foundation Inc (NASDAQ:FFWM) shares over potential wrongdoing at First Foundation was announced and NASDAQ:FFWM stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/16/2017 -- An investigation on behalf of investors in NASDAQ:FFWM shares was announced over potential breaches of fiduciary duties by certain directors at First Foundation Inc.
Investors who purchased shares of First Foundation Inc (NASDAQ:FFWM) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm concerns whether certain First Foundation Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.
Irvine, CA based First Foundation Inc. is a financial services holding company that provides a platform of personalized financial services to high net-worth individuals and their families, family businesses and other affiliated organizations. First Foundation Inc reported that its Net Income increased from $13.38 million in 2015 to $23.30 million in 2016.
Shares of First Foundation Inc (NASDAQ:FFWM) grew from $14.74 per share in March 2017 to as high as $19.67 per share on October 26, 2017.
On November 15, 2017, NASDAQ:FFWM shares closed at $17.72 per share
Those who purchased shares of First Foundation Inc (NASDAQ:FFWM), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego