San Diego, CA -- (SBWIRE) -- 06/29/2016 -- An investigation on behalf of investors in Community High School District Number 210 Will and Cook Counties Illinois (Lincoln-Way) Refunding School Bonds, Series 2013A and Capital Appreciation Refunding School Bonds, Series 2013B was announced over potential breaches of fiduciary duties.

Investors who purchased Community High School District Number 210 Will and Cook Counties Illinois (Lincoln-Way) Refunding School Bonds, Series 2013A and Capital Appreciation Refunding School Bonds, Series 2013B 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 officers and directors breached their fiduciary duties owed to investors of Community High School District Number 210 Will and Cook Counties Illinois (Lincoln-Way) Refunding School Bonds, Series 2013A ("Series 2013A Bonds") and Capital Appreciation Refunding School Bonds, Series 2013B ("Series 2013B Bonds").

On April 29, 2016, Moody's Investor Service downgraded Lincoln-Way District 210's debt to Baa3 from A1. The downgrade reflected, among other things, the recent discovery of misappropriation of bond proceeds and restricted funds. On June 6, 2016, the Securities and Exchange Commission issued a subpoena to Lincoln-Way District 210 to investigate its bonds, budgets and annual financial reports.

Those who purchased Community High School District Number 210 Will and Cook Counties Illinois (Lincoln-Way) Refunding School Bonds, Series 2013A and Capital Appreciation Refunding School Bonds, Series 2013B 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