Shareholders Foundation, Inc.

Investigation for Long-Term Investors in Shares of United Parcel Service, Inc. (NYSE:UPS) Announced

An investigation for investors in United Parcel Service, Inc. (NYSE:UPS) shares over potential securities laws violations by United Parcel Service, Inc. was announced and NYSE:UPS stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 04/04/2017 -- Certain directors of United Parcel Service, Inc. are under investigation over potential wrongdoing. The in investigation was announced for investors in NYSE:UPS shares concerning in connection certain financial statements made by United Parcel Service, Inc. and certain of its directors and officers.

Investors who purchased shares of United Parcel Service, Inc. (NYSE:UPS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether certain statements regarding United Parcel Service, Inc.'s business, its prospects and its operations were materially false and misleading at the time they were made.

In February 2015, the State and City of New York filed suit against United Parcel Service, Inc, arising from alleged shipments of cigarettes to New York State and City residents. The complaint asserts claims under various federal and state laws. The complaint also includes a claim that United Parcel Service, Inc. violated the Assurance of Discontinuance it entered into with the New York Attorney General in 2005 concerning cigarette deliveries. Trial was held in September 2016, and closing arguments were held in November 2016.

Shares of United Parcel Service, Inc. (NYSE:UPS) closed on April 3, 2017 at $106.40 per share.

Those who purchased shares of United Parcel Service, 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