An investigation on behalf of investors in NYSE:HIL shares over potential wrongdoing at Hill International was announced and NYSE:HIL stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/30/2016 -- An investigation was announced for investors in shares of Hill International Inc (NYSE:HIL) over potential breaches of fiduciary duties by certain directors at Hill International.
Investors who purchased shares of Hill International Inc (NYSE:HIL) and currently hold any of those NYSE:HIL 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 Hill International Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.
On November 3, 2016 Hill announced that it will delay the release of its third quarter 2016 financial results due to "continuing discussions with its independent accounting firm regarding the accounting treatment of certain accounts receivable the outcome of which could have a material effect on the company's financial position and results of operations."
Shares of Hill International Inc (NYSE:HIL) dropped from $4.00 per share on October 28, 2016 to as low as $2.00 per share on November 4, 2016.
Those who purchased shares of Hill International 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