An investigation on behalf of investors in Farmer Bros. Co. (NASDAQ:FARM) shares over potential wrongdoing at Farmer Bros. Co. was announced.
San Diego, CA -- (SBWIRE) -- 03/22/2021 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Farmer Bros. Co.
Investors who purchased shares of Farmer Bros. Co. (NASDAQ: FARM) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Farmer Bros. Co. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Northlake, TX based Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. Farmer Bros. Co. reported that its Total Revenue declined from $595.94 million for the 12 months period that ended on June 30, 2019, to $501.32 million for the 12 months period that ended on June 30, 2020, and that its Net Loss over those respective time period declined from $73.59 million to $37.08 million.
Those who purchased shares of Farmer Bros. Co. (NASDAQ: FARM) have certain options and should contact the Shareholders Foundation.
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