An investigation on behalf of investors in Forward Industries, Inc. (NASDAQ:FORD) shares over potential wrongdoing at Forward Industries, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 02/02/2021 -- Certain directors of Forward Industries, Inc are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Forward Industries, Inc. (NASDAQ: FORD 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 Forward Industries directors breached their fiduciary duties and caused damage to the company and its shareholders.
Hauppauge, NY based Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for hand held electronic devices. Forward Industries, Inc. reported that its Total Revenue declined from $37.40 million for the 12 months period that ended on September 30, 2019, to $34.47 million for the 12 months period that ended on September 30, 2020, and that its normalized Loss declined from 33.4 million to $1.29 million over those respective time periods.
Those who purchased shares of Forward Industries, Inc. (NASDAQ: FORD), 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.