An investigation on behalf of investors in NYSE:RFP shares over potential wrongdoing at Resolute Forest Products was announced and NYSE:RFP stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/11/2017 -- An investigation on behalf of investors in shares of Resolute Forest Products Inc was announced over potential breaches of fiduciary duties by certain officers and directors at Resolute Forest Products Inc.
Investors who purchased shares of Resolute Forest Products Inc (NYSE:RFP) and currently hold any of those NYSE:RFP shares 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 Resolute Forest Products directors breached their fiduciary duties and caused damage to the company and its shareholders.
Resolute Forest Products Inc reported that its annual Total Revenue declined from over $4.25 billion in 2014 to over $3.54 billion in 2016 while its respective Net Loss declined from $277 million to $81 million.
Shares of Resolute Forest Products Inc (NYSE:RFP) declined from over $21.45 per share in February 2014 to as low as $3.95 per share in November 2016.
On April 10, 2017, NYSE:RFP shares closed at $5.50 per share.
Those who purchased shares of Resolute Forest Products 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