San Diego, CA -- (SBWIRE) -- 07/27/2016 -- Certain directors of Finisar Corporation are under investigation over potential wrongdoing. The investigation was announced for investors in NASDAQ:FNSR shares over potential breaches of fiduciary duties by certain directors at Finisar.

Investors who purchased shares of Finisar Corporation (NASDAQ:FNSR) and currently hold any of those NASDAQ:FNSR 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 Finisar directors breached their fiduciary duties and caused damage to the company and its shareholders.

Finisar Corporation reported that its Total Revenue rose from over $1.25 billion for the 12 months period that ended on May 3, 2015 to over $1.26 billion for the 12 months period that ended on May 1, 2016 and that its Net Income for this respective time frame increased from $11.89 million to $35.19 million.

Shares of Finisar Corporation (NASDAQ:FNSR) declined from as high as $27.84 per share in April 2014 to as low as $10.82 per share in October 2015.

On July 25, 2016 NASDAQ:FNSR shares closed at $18.82 per share.

Those who purchased shares of Finisar Corporation 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