A lawsuit was filed on behalf of investors in Rayonier Inc. (NYSE:RYN) shares over alleged securities laws violations. Deadline: January 12, 2015. NYSE:RYN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com

San Diego, CA -- (SBWire) -- 11/17/2014 --An investor, who purchased shares of Rayonier Inc. (NYSE:RYN), filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by Rayonier Inc. in connection with certain allegedly false and misleading statements made between April 30, 2014 and November 10, 2014.

Investors who purchased shares of Rayonier Inc. (NYSE:RYN) have certain options and for certain investors are short and strict deadlines running. Deadline: January 12, 2015. NYSE:RYN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554

According to the complaint the plaintiff alleges on behalf of purchasers of Rayonier Inc. (NYSE:RYN) common shares between April 30, 2014 and November 10, 2014, that the defendants violated Federal Securities Laws.

Shares of Rayonier Inc. (NYSE:RYN) grew from $38.25 per share in November 2011 to as high as $60.31 per share in May 2013. Since then NYSE:RYN shares lost substantial value.

In January 2014 Rayonier Inc announced its fourth quarter and full year 2013 results. Rayonier Inc. reported that its annual Total Revenue rose from over $1.48 billion in 2012 to over $1.7 billion in 2013 and that its Net Income increased from $278.69 million in 2012 to $371.90 million in 2013. Among other things, Rayonier Inc also announced that that it intends to separate the Performance Fibers business from the Forest Resources and Real Estate businesses.

In April 2014 Rayonier Inc. reported its first quarter financial results. Rayonier Inc. announced that that its first quarter Revenue declined from $393.70 million in 2013 to $386.7 million in 2014 and that its first quarter Net Income declined from $147.7 million in 2013 to $43.3 million in 2014. Rayonier Inc also said that the Company is on track to complete the separation of its Performance Fibers business, which will be named Rayonier Advanced Materials, by mid-2014.

In late June 2014 Rayonier Inc. announced that on June 27, 2014, it completed the spin-off of Rayonier Advanced Materials Inc. (NYSE: RYAM), which is now a new independent specialty chemicals company.

In late July 2014 Rayonier Inc reported its second quarter financial results. Rayonier Inc announced that its second quarter Revenue increased from $154.9 million in 2013 to $163.1 million in 2014 while its second quarter Net Income declined from $87.9 million in 2013 to $18.1 million in 2014.

Then on November 10, 2014, Rayonier Inc announced its third quarter financial results. Among other things, Rayonier Inc reported that its third quarter Revenue declined from $159.3 million in 2013 to $149.8 million in 2014 and that its third quarter Net Income declined from $58.4 million in 2013 to $32.1 million in 2014. Rayonier Inc also announced that it restates its financial results for the first and second quarters of 2014 to correct understatements in depletion expense and corresponding overstatements in income from continuing operations. Shares of Rayonier Inc declined to as low as $25.90 per share on November 12, 2014.

On November 13, 2014, NYSE:RYN shares closed at $26.13 per share.

Those who purchased shares of Rayonier Inc. (NYSE:RYN) 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