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

San Diego, CA -- (SBWire) -- 05/22/2017 --Certain directors of Fossil Group Inc are under investigation over possible wrongdoing. The investigation was announced for investors in shares of Fossil Group Inc (NASDAQ:FOSL) concerning potential breaches of fiduciary duties by certain officers and directors at Fossil Group Inc.

Investors who purchased shares of Fossil Group Inc (NASDAQ:FOSL) 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 concerns whether certain Fossil Group Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

On May 9, 2017, Fossil reported a $(48.2) million net loss for the first quarter of fiscal 2017 compared to a profit of $5.8 million for the same quarter in 2016. Diluted (loss) per share was $(1.00), significantly steeper than the $(.27) loss analysts expected. The Company posted revenue of $581.8 million, lower than Wall Street's estimates for $591 million. Shares of Fossil Group Inc (NASDAQ:FOSL) declined from $36.61 per share in November 2016 to $12.08 per share on May 19, 2017

Those who purchased shares of Fossil Group Inc (NASDAQ:FOSL) 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