Shareholders Foundation, Inc.

IAC/InterActiveCorp (NASDAQ:IAC) Investor Alert: Investigation over Potential Wrongdoing

An investigation on behalf of investors in IAC/InterActiveCorp (NASDAQ:IAC) shares over potential wrongdoing at IAC/InterActiveCorp was announced and NASDAQ:IAC stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 01/07/2021 -- An investigation on behalf of investors in shares of IAC/InterActiveCorp (NASDAQ: IAC) was announced over potential breaches of fiduciary duties by certain officers and directors at IAC/InterActiveCorp.

Investors who purchased shares of IAC/InterActiveCorp (NASDAQ: IAC) 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 IAC/InterActiveCorp directors breached their fiduciary duties and caused damage to the company and its shareholders.

New York based IAC/InterActiveCorp operates as a media and internet company worldwide.

IAC/InterActiveCorp reported that its annual Total Revenue rose from $2.53 billion in 2018 to $2.71 billion in 2019, and that its Net Income declined from $246.77 million in 2018 to $22.9 million in 2019.

Shares of IAC/InterActiveCorp (NASDAQ: IAC) closed on January 6, 2021, at $186.94 per share.

Those who purchased shares of IAC/InterActiveCorp (NASDAQ: IAC), 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.