Shareholders Foundation, Inc.

NV Energy, Inc. (NYSE:NVE) Investor Alert: Investigation Announced

An investigation for current long-term investors in shares of NV Energy, Inc. (NYSE:NVE) over potential wrongdoing by certain officers and directors of NV Energy, Inc. was announced and NYSE:NVE stockholders should contact the Shareholders Foundation at mail at shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 04/24/2013 -- An investigation on behalf of current long-term stockholders of shares of NV Energy, Inc. (NYSE:NVE) was announced concerning whether certain NV Energy officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholder of shares of NV Energy, Inc. (NYSE:NVE), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain NV Energy officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by, among other things, failing to implement adequate internal controls.

NV Energy, Inc. reported that its annual Total Revenue rose from over $2.94 billion in 2011 to over $2.97 billion in 2012 and that its respective Net Income increased from $163.43 million to $321.95 million.

Shares of NV Energy, Inc. (NYSE:NVE) grew from as low as $8.20 per share in March 2009 to as high as $21.19 per share on April 12, 2013.

On April 23, 2013, NYSE:NVE shares closed at $20.83 per share.

Those who purchased shares of NV Energy, Inc. (NYSE:NVE), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com