Shareholder Notice: Investigation over Potential Wrongdoing at Farmers & Merchants Bancorp Inc (NASDAQ:FMAO)
An investigation on behalf of investors in Farmers & Merchants Bancorp Inc (NASDAQ:FMAO) shares over potential wrongdoing at Farmers & Merchants Bancorp was announced and NASDAQ:FMAO stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWire) -- 07/14/2017 --An investigation on behalf of investors in shares of Farmers & Merchants Bancorp Inc was announced over potential breaches of fiduciary duties by certain officers and directors.
Investors who purchased shares of Farmers & Merchants Bancorp Inc (NASDAQ:FMAO) 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 Farmers & Merchants Bancorp directors breached their fiduciary duties and caused damage to the company and its shareholders.
Farmers & Merchants Bancorp Inc reported that its Net Income rose from $10.34 million in 2015 to $11.66 million in 2016. Shares of Farmers & Merchants Bancorp Inc (NASDAQ:FMAO) grew from under $30 per share in September 2016 to as high as $64.73 per share in Early July 2017.
On July 13, 2017, NASDAQ:FMAO shares closed at $61.70 per share.
Those who purchased shares of Farmers & Merchants Bancorp 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/832629