Shareholders Foundation, Inc.

NYSE:WMS Investor Alert: Investigation over Potential Wrongdoing at Advanced Drainage Systems Inc

An investigation on behalf of investors in Advanced Drainage Systems Inc (NYSE:WMS) shares over potential wrongdoing at Advanced Drainage Systems Inc was announced and NYSE:WMS stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 06/13/2017 -- An investigation was announced on behalf of -term investors in shares of Advanced Drainage Systems Inc (NYSE:WMS) over potential breaches of fiduciary duties by certain directors at Advanced Drainage Systems.

Investors who purchased shares of Advanced Drainage Systems Inc (NYSE:WMS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Advanced Drainage Systems Inc (NYSE:WMS officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Advanced Drainage Systems Inc reported that its Total Revenue declined from over $1.29 billion for the 12 months period that ended on March 31, 2016 to over $1.25 billion for the 12 months period that ended on March 31, 2017 and that its Net Income for those respective time periods increased from $25.05 million to $32.95 million. Shares of Advanced Drainage Systems Inc (NYSE:WMS) declined from $32.50 per share in June 2015 to as low as $18.85 per share on June 6, 2017.

On June 12, 2017, NYSE:WMS shares closed at $20.25 per share.

Those who purchased shares of Advanced Drainage Systems Inc 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