An investigation on behalf of investors in Avery Dennison Corporation (NYSE:AVY) shares over potential wrongdoing at Avery Dennison Corporation was announced.
San Diego, CA -- (SBWIRE) -- 03/02/2023 -- Certain directors of Avery Dennison Corporation are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Avery Dennison Corporation (NYSE: AVY) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Avery Dennison directors breached their fiduciary duties and caused damage to the company and its shareholders.
Mentor, OH based Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products in the United States, Europe, Asia, Latin America, and internationally. Avery Dennison Corporation reported that its annual Total Revenue rose from over $6.97 billion in 2020 to over $8.4 billion in 2021, and that its Net Income increased from $555.9 million in 2020 to $740.1 million in 2021.
Shares of Avery Dennison Corporation (NYSE: AVY) declined from $229.24 per share in November 2021, to as low as $151.62 per share in June 2022.
Those who purchased shares of Avery Dennison Corporation (NYSE: AVY) have certain options and should contact the Shareholders Foundation.
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