An investigation on behalf of investors in NRG Yield, Inc. Class A (NYSE:NYLD.A) shares over potential wrongdoing at NRG Yield, Inc. was announced and NYSE:NYLD.A stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/22/2016 -- An investigation for shareholders of NRG Yield, Inc. Class A (NYSE:NYLD.A) was announced over potential breaches of fiduciary duties by certain directors at NRG Yield, Inc.
Investors who purchased shares of NRG Yield, Inc. Class A (NYSE:NYLD.A) and currently hold any of those NYSE:NYLD.A shares 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 NRG Yield, Inc officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
NRG Yield, Inc reported that its annual Total Revenue increased from $387 million in 2013 to $869 million in 2015 while its Net Income declined from $81 million to $13 million.
Shares of NRG Yield, Inc. Class A (NYSE:NYLD.A) declined from $26.50 per share in May 2015 to as low as $9.83 per share on February 12, 2016.
On March 18, 2016, NYSE:NYLD.A shares closed at $13.31 per share
Those who purchased shares of NRG Yield, Inc. Class A (NYSE:NYLD.A), 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