An investigation on behalf of investors in New Senior Investment Group Inc (NYSE:SNR) shares over potential wrongdoing at New Senior Investment Group was announced and NYSE:SNR stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 02/09/2016 -- Certain directors of New Senior Investment Group Inc are under investigation over potential wrongdoing. The investigation was announced for shareholders in New Senior Investment Group Inc (NYSE:SNR) over potential breaches of fiduciary duties by certain New Senior Investment Group directors.
Investors who purchased shares of New Senior Investment Group Inc (NYSE:SNR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain New Senior Investment Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
New Senior Investment Group Inc reported that its annual Total Revenue rose from $36.42 million in 2011 to $254.99 million in 2014 while its Net Income of $3.77 million in 2011 declined to a Net Loss of $46.40 million in 2014. Shares of New Senior Investment Group Inc (NYSE:SNR) declined from as high as $19.30 per share in November 2014 to as low as $7.78 per share on January 20, 2016.
On February 8, 2016, NYSE:SNR shares closed at $9.23 per share.
Those who purchased shares of New Senior Investment Group Inc (NYSE:SNR) 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