An investigation for investors in Steelcase Inc. (NYSE:SCS) shares over potential securities laws violations by Steelcase was announced and NYSE:SCS stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 02/10/2016 --An investigation for shareholders in Steelcase Inc. (NYSE:SCS) was announced over potential securities laws violations by Steelcase in connection certain financial statements.

Investors who purchased shares of Steelcase Inc. (NYSE:SCS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements regarding Steelcase's business, its prospects and its operations were materially false and misleading at the time they were made.

Steelcase Inc. reported that its Total Revenue rose from over $2.98 billion for the 12 months period that ended on February 28, 2014 to over $3.05 billion for the 12 months period that ended on February 27, 2015 and that its respective Net Income declined from $87.70 million to $86.10 million. Shares of Steelcase Inc. (NYSE:SCS) grew from $8.09 per share in May 2012 to as high as $20.34 per share on December 1, 2015.

On December 21, 2015, Steelcase Inc. reported its third quarter results and issued its outlook for its fourth quarter. Shares of Steelcase Inc. (NYSE:SCS) declined to as low as $11.83 per share on January 20, 2016.

On February 8, 2016, NYSE:SCS shares closed at $12.26 per share.

Those who purchased shares of Steelcase Inc. (NYSE:SCS) 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