Euronet Worldwide, Inc. (NASDAQ:EEFT) Investor Investigation over possible Breaches of Fiduciary Duties Announced

An investigation for current long-term investors in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) over potential wrongdoing by certain officers and directors of Euronet Worldwide, Inc. was announced and current long-term NASDAQ:EEFT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

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San Diego, CA -- (SBWire) -- 04/23/2013 --An investigation on behalf of current long-term stockholders of shares Euronet Worldwide, Inc. (NASDAQ:EEFT) was announced concerning whether certain Euronet Worldwide officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholder of shares of Euronet Worldwide, Inc. (NASDAQ:EEFT), 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 concerns whether certain Euronet Worldwide officers and directors breached their fiduciary duties in connection with their conduct in seeking shareholders’ approval for amendments to the 2006 Stock Incentive Plan.

In the Proxy Statement filed by Euronet Worldwide, Inc. with the Securities and Exchange Commission the Board of Directors recommends that Euronet’s shareholders vote to approve an amendments to the Company’s 2006 Stock Incentive Plan which would increase the number of shares of Common Stock available for issuance by 3,400,000.

According to the investigation the issuance of the additional shares could have a severe dilutive effect on NASDAQ:EEFT common stock.

Euronet Worldwide, Inc. reported that its annual Total Revenue increased from over $1.16 billion in 2011 to over $1.26 billion in 2012, while its respective Net Income declined from $36.96 million to $20.54 million.

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) grew from $13.76 per share to $28.04 per share on April 11, 2013.

On April 22, 2013, NASDAQ:EEFT shares closed at $27.35 per share.

Those who purchased shares of Euronet Worldwide, Inc. (NASDAQ:EEFT), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Jacob Rosenfeld
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

Jacob Rosenfeld
CR and Media Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/241156