An investigation on behalf of investors in Sonic Automotive Inc (NYSE:SAH) shares over potential wrongdoing at Sonic Automotive was announced and NYSE:SAH stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 03/01/2017 --An investigation was announced for investors in shares of Sonic Automotive Inc (NYSE:SAH) concerning potential breaches of fiduciary duties by certain directors at Sonic Automotive.

Investors who purchased shares of Sonic Automotive Inc (NYSE:SAH) 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 Sonic Automotive officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Charlotte, NC based Sonic Automotive Inc (NYSE:SAH) is an automotive retailer in the United States. Sonic Automotive Inc reported that its annual Total Revenue rose from over $9.62 billion in 2015 to over $9.73 billion in 2016 and that its Net Income increased from $88.09 million in 2015 to $94.52 million in 2016. Shares of Sonic Automotive Inc (NYSE:SAH) grew from $15.91 per share in February 2016 to as high as $27.45 per share on February 21, 2017.

Those who purchased shares of Sonic Automotive 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