An investigation on behalf of investors in Sonic Automotive Inc (NYSE:SAH) shares over potential wrongdoing at Sonic Automotive was announced and NYSE:SAH stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/01/2017 -- An investigation was announced for investors in shares of Sonic Automotive Inc (NYSE:SAH) concerning potential breaches of fiduciary duties by certain directors at Sonic Automotive.
Investors who purchased shares of Sonic Automotive Inc (NYSE:SAH) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm concerns whether certain Sonic Automotive officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Charlotte, NC based Sonic Automotive Inc (NYSE:SAH) is an automotive retailer in the United States. Sonic Automotive Inc reported that its annual Total Revenue rose from over $9.62 billion in 2015 to over $9.73 billion in 2016 and that its Net Income increased from $88.09 million in 2015 to $94.52 million in 2016. Shares of Sonic Automotive Inc (NYSE:SAH) grew from $15.91 per share in February 2016 to as high as $27.45 per share on February 21, 2017.
Those who purchased shares of Sonic Automotive Inc have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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