Gentherm Inc (NASDAQ:THRM) Investor Alert: Investigation over Potential Wrongdoing

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

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San Diego, CA -- (SBWire) -- 04/27/2017 --An investigation on behalf of investors in shares of Gentherm Inc (NASDAQ:THRM) was announced over potential breaches of fiduciary duties by certain officers and directors at Gentherm.

Investors who purchased shares of Gentherm Inc (NASDAQ:THRM) 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 Gentherm Inc officers and directors breached their fiduciary duties.

Shares Gentherm Inc (NASDAQ:THRM) declined from $57.86 per share in June 2015 to as low as $27.45 per share in November 2016.

Gentherm Inc reported that its annual Total Revenue rose from $856.45 million in 2015 to $917.60 million in 2016 and that its Net Income declined from $95.39 million in 2015 to $76.60 million in 2016.

Shares Gentherm Inc (NASDAQ:THRM) grew from $27.45 per share in November 2016 to as high as $39.25 per share in March 2017.

On April 26, 2017, NASDAQ:THRM shares closed at $36.30 per share.

Those who purchased shares of Gentherm 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/799998