An investigation on behalf of investors in J Alexanders Holdings Inc (NYSE:JAX) shares over potential wrongdoing at J Alexanders Holdings Inc was announced and J Alexanders Holdings Inc (NYSE:JAX) stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 10/03/2017 --An investigation was announced for investors in shares of J Alexanders Holdings Inc (NYSE:JAX) was announced over potential breaches of fiduciary duties by certain directors at J Alexanders Holdings Inc.

Investors who purchased shares of J Alexanders Holdings Inc (NYSE:JAX) 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 J Alexanders Holdings officers and directors breached their fiduciary duties.

Nashville, TN based J. Alexander's Holdings, Inc., through its subsidiaries, owns and operates three complementary dining restaurant concepts: J. Alexander's, Redlands Grill and Stoney River Steakhouse and Grill (Stoney River). J Alexanders Holdings Inc reported that its Total Revenue rose from $217.91 million for the 53 weeks period that ended on January 3, 2016 to $219.58 million for the 52 weeks period that ended on January 1, 2017 and that its Net Income for those respective time periods increased from $5.78 million to $7.48 million.

Shares of J Alexanders Holdings Inc (NYSE:JAX) declined from $12.25 per share in June 2017 to $9.40 per share in August 2017.

On October 2, 2017, NYSE:JAX shares closed at $11.95 per share.

Those who purchased shares of J Alexanders Holdings Inc (NYSE:JAX), 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