An investigation on behalf of investors in Portland General Electric Company (NYSE:POR) shares over potential wrongdoing at Portland General Electric Company was announced and NYSE:POR stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/09/2017 -- An investigation was announced for investors in shares of Portland General Electric Company (NYSE:POR) over potential breaches of fiduciary duties by certain directors at Portland General Electric.
Investors who purchased shares of Portland General Electric Company (NYSE:POR) 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 Portland General Electric Company officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Portland General Electric Company reported that its annual Total Revenue rose from over $1.73 billion in 2015 to over $1.93 billion in 2016 and that its Net Income increased from $172.00 million in 2015 to $193.00 million in 2016.
Shares of Portland General Electric Company (NYSE:POR) grew from $33.32 per share in June 2015 to as high as $46.05 per share on March 2, 2017.
On March 8, 2017, NYSE:POR shares closed at $44.09 per share.
Those who purchased shares of Portland General Electric Company 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