An investigation on behalf of investors in Stagwell Inc. (NASDAQ:STGW) shares over potential wrongdoing at Stagwell Inc. was announced.
San Diego, CA -- (SBWIRE) -- 09/21/2023 -- Certain directors of Stagwell Inc. are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Stagwell Inc. (NASDAQ: STGW) have certain 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 Stagwell Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
New York based Stagwell Inc. provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. Stagwell Inc. reported that its annual Total Revenue rose from over $1.46 billion in 2021 to over $3.68 billion in 2022, and that its Net Income increased from $21.03 million in 2021 to $27.26 million in 2022.
Shares of Stagwell Inc. (NASDAQ: STGW) declined from $9.23 per share on March 06, 2023, to $4.47 per share on September 19, 2023.
Those who purchased shares of Stagwell Inc. (NASDAQ: STGW) have certain options and should contact the Shareholders Foundation.
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