An investigation on behalf of investors in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) shares over potential wrongdoing at Houghton Mifflin Harcourt was announced and NASDAQ:HMHC stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 06/10/2016 -- An investigation was announced for investors in shares of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) over potential breaches of fiduciary duties by certain.
Investors who purchased shares of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) and currently hold any of those NASDAQ:HMHC 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 Houghton Mifflin Harcourt Co officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Boston, MA based Houghton Mifflin Harcourt Company is a global learning company, specializing in education solutions across a range of media. Houghton Mifflin Harcourt Co reported that its annual Total Revenue rose from over $1.37 billion in 2014 to over $1.41 billion in 2015 while its respective Net Loss increased from $111.49 million to $133.87 million. Shares of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) declined from $26.71 per share in June 2015 to as low as $16.00 per share in February 2016.
On June 8, 2016, NASDAQ:HMHC shares closed at $17.51 per share.
Those who purchased shares of Houghton Mifflin Harcourt Co 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