FBR & Co (NASDAQ:FBRC) Investor Alert: Investigation Announced
An investigation for investors in shares of FBR & Co (NASDAQ:FBRC) over potential wrongdoing by certain officers and directors was announced and current NASDAQ:FBRC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com
San Diego, CA -- (SBWire) -- 10/09/2013 --An investigation on behalf of investors in shares of FBR & Co (NASDAQ:FBRC) was announced concerning whether certain FBR & Co officers and directors possibly breached their fiduciary duties.
Investors who purchased shares of FBR & Co (NASDAQ:FBRC) 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, among other things, whether certain FBR & Co officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
FBR & Co (NASDAQ:FBRC) reported that its annual Total Revenue rose from $132.23 million in 2011 to $151.49 million in 2012 and that its Net Loss of $49.65 million in 2011 turned into a net Income of $29.69 million in 2012.
Shares of FBR & Co (NASDAQ:FBRC) grew to $30.75 per share in July 2013.
On Oct. 7, 2013, NASDAQ:FBRC shares closed at $25.86 per share.
Those who purchased shares of FBR & Co 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/352480