SYSCO Corporation (NYSE:SYY) Investor Alert: Investigation over Executive Compensation Practice

An investigation for SYSCO Corporation (NYSE:SYY) investors over potential breaches of fiduciary duties by certain directors of SYSCO Corporation was announced and current long-term NYSE:SYY stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 11/28/2012 --An investigation on behalf of investors in shares of SYSCO Corporation (NYSE:SYY) was announced concerning whether certain officers and directors of SYSCO Corporation breached their fiduciary duties in connection with the compensation practices of certain executives at SYSCO Corporation.

Investors who are current long-term stockholders of shares of SYSCO Corporation (NYSE:SYY), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on conduct by certain directors and officers of SYSCO Corporation in connection with the compensation provided to certain of its executive officers.

SYSCO Corporation (NYSE:SYY) reported that its Total Revenue rose from over $39.32 billion for the 52 weeks period that ended on July 2, 2011 to over $42.38 billion for the 52 weeks period that ended on June 30, 2012. However its Net Income over the respective time periods decreased from over $1.15 billion to over $1.12 billion.

Shares of SYSCO Corporation (NYSE:SYY) grew from $21.51 per share in July 2009 to as high as $32.42 per share. In 2012 NYSE:SYY shares for the most part traded under $30 per share.

The compensation of certain top officials at SYSCO Corporation (NYSE:SYY) increased significantly between 2011 and 2012. For instance the President and CEO’s pay increased from over $5.72 million in 2011 to over $8.83 million in 2012.

Those who are current long-term stockholders of SYSCO Corporation (NYSE:SYY) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Trevor Allen
General Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/183409