An investigation on behalf of investors in NiSource Inc. (NYSE:NI) shares over potential wrongdoing at NiSource Inc. was announced and NYSE:NI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/14/2017 -- An investigation on behalf of investors in NYSE:NI shares was announced over possible breaches of fiduciary duties by certain directors at NiSource.
Investors who purchased shares of NiSource Inc. (NYSE:NI) 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 NiSource officers and directors breached their fiduciary duties.
NiSource Inc. reported that its annual Total Revenue declined from over $5.25 billion in 2014 to over $4.47 billion in 2016 and that its Net Income declined from $530 million in 2014 to $331.50 million in 2016. Shares of NiSource Inc. (NYSE:NI) declined from $48.05 per share in June 2015 to as low as $16.17 per share in September 2015.
On April 13, 2017, NYSE:NI shares closed at $23.78 per share.
Those who purchased shares of NiSource Inc. 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