An investigation on behalf of investors in Copart, Inc. (NASDAQ: CPRT) shares over potential wrongdoing at Copart, Inc. was announced and NASDAQ: CPRT stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/11/2018 -- An investigation was announced for investors in shares of Copart, Inc. (NASDAQ: CPRT) over potential breaches of fiduciary duties by certain officers and directors at Copart, Inc.
Investors who purchased shares of Copart, Inc. (NASDAQ: CPRT) and currently hold any of those NASDAQ: CPRT shares 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 Copart directors breached their fiduciary duties and caused damage to the company and its shareholders.
Copart, Inc., headquartered in Dallas, Texas, is a provider of online vehicle auction and remarketing services in the US, Canada, and the UK. Copart, Inc. reported that its Total Revenue increased from over $1.26 billion for the 12 months period that ended on July 31, 2016 to over $1.44 billion for the 12months period that ended on July 31, 2017 and that its Net Income for those respective time periods increased from $270.36 million to $394.2 million.
Shares of Copart, Inc. (NASDAQ: CPRT) grew from $16.38 per share in February 2016 to as high as $51.77 per share in March 2018.
On April 10, 2018, NASDAQ: CPRT shares closed at $50.60 per share.
Those who purchased shares of Copart, Inc. (NASDAQ: CPRT), 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