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 mail@shareholdersfoundation.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.
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
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.