An investigation on behalf of investors in Simmons First National Corporation (NASDAQ: SFNC) shares over potential wrongdoing at Simmons First National Corporation was announced.
San Diego, CA -- (SBWIRE) -- 03/26/2020 -- An investigation was announced over potential breaches of fiduciary duties by certain directors at Simmons First National Corporation.
Investors who purchased shares of Simmons First National Corporation (NASDAQ: SFNC) and currently hold any of those NASDAQ: SFNC shares 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 Simmons First National directors breached their fiduciary duties and caused damage to the company and its shareholders.
Pine Bluff, AR based Simmons First National Corporation operates as the holding company for Simmons Bank that provides financial products and services to individuals and businesses. Simmons First National Corporation reported that its annual Total Revenue rose from $682.11 million in 2018 to $790.62 million in 2019, and that its Net Income increased from $215.71 million to $328.16 million in 2019.
Shares of Simmons First National Corporation (NASDAQ: SFNC) declined from $27.75 per share in February 2019 to as low as $14.56 per share on March 16, 2020.
Those who purchased shares of Simmons First National Corporation (NASDAQ: SFNC), 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
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.