An investigation for shareholders in in Hubbell Incorporated (NYSE:HUB.B) shares over potential wrongdoing at Hubbell Incorporated was announced and NYSE:HUB.B stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/05/2015 -- An investigation for long-term shareholders in NYSE:HUB.B shares was announced over potential breaches of fiduciary duties by certain directors at Hubbell Incorporated.
Investors who purchased shares of Hubbell Incorporated (NYSE:HUB.B) 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 Hubbell officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Hubbell Incorporated reported that its annual Total Revenue rose from over $2.87 billion in 2011 to over $3.35 billion in 2014 and that its respective Net Income increased from $267.90 million to $325.30 million. Shares of Hubbell Incorporated (NYSE:HUB.B) reached $126.09 per share in September 2014. However, since then NYSE:HUB.B shares declined to as low as $82.42 per share on September 29, 2015.
Those who purchased shares of Hubbell Incorporated 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