An investigation on behalf of investors in Cullen/Frost Bankers, Inc. (NYSE: CFR) shares over potential wrongdoing at Cullen/Frost Bankers, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 02/01/2019 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Cullen/Frost Bankers, Inc.
Investors who purchased shares of Cullen/Frost Bankers, Inc. (NYSE: CFR) and currently hold any of those NYSE: CFR 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 Cullen/Frost Bankers, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Antonio, TX based Cullen/Frost Bankers, Inc. operates as the holding company for Frost Bank that offers commercial and consumer banking services in Texas.
Cullen/Frost Bankers, Inc. reported that its annual Total Revenue rose from over $1.07 billion in 2016 to over $1.16 billion in 2017 and that its Net Income increased from $304.26 million in 2016 to $364.14 million in 2017.
Shares of Cullen/Frost Bankers, Inc. (NYSE: CFR) declined from $119.66 per share in May 2018 to as low as $85.05 per share in December 2018.
Those who purchased shares of Cullen/Frost Bankers, Inc. (NYSE: CFR), 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
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.