An investigation on behalf of investors in Woodward, Inc. (NASDAQ: WWD) shares over potential wrongdoing at Woodward, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 01/09/2019 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Woodward, Inc.
Investors who purchased shares of Woodward, Inc. (NASDAQ: WWD) 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 Woodward directors breached their fiduciary duties and caused damage to the company and its shareholders.
Fort Collins, CO based Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. Woodward, Inc. reported that its Total Revenue rose from over $2.09 billion for the 12 months period that ended on September 30, 2017 to over $2.32 billion for the 12 months period that ended on September 30, 2018 and that its Net Income for those respective time periods declined from $200.5 million to $180.37 million.
Shares of Woodward, Inc. (NASDAQ: WWD) declined from $86.18 per share in early December 2018 to as low as $68.78 per share on December 24, 2018.
On January 8, 2019, NASDAQ: WWD shares closed at $76.39 per share.
Those who purchased shares of Woodward, Inc. (NASDAQ: WWD), have certain options and should contact the Shareholders Foundation.
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