An investigation on behalf of investors in NYSE:LUB shares over potential wrongdoing at Luby’s, Inc. was announced and NYSE:LUB stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 07/15/2016 --An investigation on behalf of current long-term investors in shares of Luby's, Inc. was announced over potential breaches of fiduciary duties by certain directors at Luby's, Inc.

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

The investigation by a law firm concerns whether certain Luby's, Inc. directors breached their fiduciary duties.

Luby's, Inc. reported that its Total Revenue declined from $394.38 million for the 52 weeks period that ended on August 27, 014 to $394.08 million for the 52 weeks period that ended on August 26, 2015 and that its Net Loss for those respective time periods declined from $1.61 million to $1.37 million. Shares of Luby's, Inc. (NYSE:LUB) declined from as high as $8.98 per share in late 2013 to as low as $3.76 per share in early 2016.

On July 14, 2016, NYSE:LUB shares closed at $4.75 per share.

Those who purchased shares of Luby's, Inc. 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