San Diego, CA -- (SBWIRE) -- 05/18/2017 -- An investigation was announced for investors of Veritiv Corpover potential violations of securities laws by Veritiv Corp and certain of its directors and officers.
Investors who purchased shares of Veritiv Corp (NYSE:VRTV), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on whether certain statements by Veritiv Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Veritiv Corp reported that its annual Total Revenue declined from over $8.71 billion in 2105 to over $8.32 billion in 2016 and that its Net Income declined from $26.70 million to $21.00 million.
Shares of Veritiv Corp (NYSE:VRTV) grew from $28.71 per share in February 2016 to as high as $58.40 per share in January 2017.
On May 3, 2017, Veritiv Corporation announced financial results for the first quarter ended March 31, 2017.
Shares of Veritiv Corp (NYSE:VRTV) declined on May 4, 2017 to $40.22 per share.
On May 17, 2017, NYSE:VRTV shares closed at $39.95 per share.
Those who purchased shares of Veritiv Corp (NYSE:VRTV) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego