An investigation on behalf of investors in NASDAQ:MASI shares over potential wrongdoing at Masimo was announced and NASDAQ:MASI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/23/2016 -- An investigation for shareholders of Masimo Corporation (NASDAQ:MASI) was announced concerning possible breaches of fiduciary duties by certain Masimo directors.
Investors who purchased shares of Masimo Corporation (NASDAQ:MASI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Masimo directors breached their fiduciary duties.
Masimo Corporation reported that its Total Revenue rose from $547.25 million for the 52 weeks period that ended on December 28, 2013 to $630.11 million for the 52 weeks period that ended on January 1, 2016 and that its Net Income increased from $58.38 million to $83.30 million.
Shares of (NASDAQ:MASI) grew from $20.99 per share in September 2014 to $43.12 per share in November 2015.
On March 21, 2016, NASDAQ:MASI shares closed at $40.02 per share.
Those who purchased shares of Masimo Corporation (NASDAQ:MASI), 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