An investigation on behalf of investors in Martin Marietta Materials, Inc. (NYSE:MLM) shares over potential wrongdoing at Martin Marietta Materials was announced and NYSE:MLM stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/27/2016 -- An investigation on behalf of current long-term investors in shares of Martin Marietta Materials, Inc. (NYSE:MLM) was announced over potential breaches of fiduciary duties by certain directors.
Investors who purchased shares of Martin Marietta Materials, Inc. (NYSE:MLM) 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 Martin Marietta Materials directors breached their fiduciary duties and caused damage to the company and its shareholders.
Martin Marietta Materials, Inc. reported that its annual Total Revenue rose from over $2.95 billion in 2014 to over $3.53 billion in 2015 and that its respective Net Income increased from $154.99 million to $287.54 million.Shares of Martin Marietta Materials, Inc. (NYSE:MLM) declined from $176.51 per share in September 2015 to as low as $108.31 per share in February 2016.
On April 25, 2016, NYSE:MLM shares closed at $169.54 per share.
Those who purchased shares of Martin Marietta Materials, 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