An investigation on behalf of investors in NII Holdings, Inc. (NASDAQ: NIHD) shares over potential wrongdoing at NII Holdings was announced and NASDAQ: NIHD stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/09/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at NII Holdings.
Investors who purchased shares of NII Holdings, Inc. (NASDAQ: NIHD) havecertain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain NII Holdings, Inc. (NASDAQ: NIHD officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Reston, VA based NII Holdings, Inc., through its subsidiaries, provides wireless communication services to the individual consumers under the Nextel brand in Brazil. NII Holdings, Inc. reported that its annual Total Revenue declined from $985.04 million in 2016 to $869.76 million in 2017 and that its Net Loss declined from over $1.53 billion in 2016 to $351.66 million in 2017.
Shares of NII Holdings, Inc. (NASDAQ: NIHD) declined from $9.78 per share in September 2015 to as low as $0.23 per share in late 2017.
On April 6, 2018, NASDAQ: NIHD shares closed at $2.42 per share.
Those who purchased shares of NII Holdings, Inc. (NASDAQ: NIHD), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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