An investigation on behalf of investors in EMCORE Corporation (NASDAQ:EMKR) shares over potential wrongdoing at EMCORE was announced and NASDAQ:EMKR stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 02/03/2017 --An investigation was announced for current long-term investors in shares of EMCORE Corporation (NASDAQ:EMKR) over potential breaches of fiduciary duties by certain directors at EMCORE.

Investors who purchased shares of EMCORE Corporation (NASDAQ:EMKR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain EMCORE directors breached their fiduciary duties and caused damage to the company and its shareholders.

EMCORE Corporation reported that its Total Revenue rose from $81.69 million for the 12 months period that ended on September 30, 2015 to $92.00 million for the 12 months period that ended on September 30, 2016 and that its Net Loss of $2.27 million for the 12 months period that ended on September 30, 2015 turned into a Net Income of $2.62 million for the 12 months period that ended on September 30, 2016. Shares of EMCORE Corporation (NASDAQ:EMKR) grew from under $5 per share in August 2016 to as high as $9.45 per share in January 25, 2017.

On February 2, 2017, NASDAQ:EMKR shares closed at $9.15 per share.

Those who purchased shares of EMCORE Corporation 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