Eaton Vance Corp (NYSE:EV) Long-Term Investors Alert: Investigation over Potential Wrongdoing

An investigation for current long-term investors in shares of Eaton Vance Corp (NYSE:EV) over potential wrongdoing by certain officers and directors of Eaton Vance Corp was announced and NYSE:EV stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

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San Diego, CA -- (SBWire) -- 06/05/2013 --An investigation on behalf of investors, who continuously held shares of Eaton Vance Corp (NYSE:EV) for several years, was announced concerning whether certain Eaton Vance officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholders in shares of Eaton Vance Corp (NYSE:EV) 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 Eaton Vance officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by, among other things, failing to implement adequate internal controls.

Eaton Vance Corp reported that its annual Total Revenue declined from over $1.24 billion in 2011 to over $1.20 billion in 2012 and that its respective Net Income declined from $214.90 million to $203.47 million.

Shares of Eaton Vance Corp (NYSE:EV) traded as high as $33.77 per share in April 2011 and declined to $21.16 per share in August 2011.

On June 4, 2013, NYSE:EV shares closed at $40.83 per share.

Those who are current long term stockholders of shares of Eaton Vance Corp (NYSE:EV) 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/261432