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 email@example.com 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.
3111 Camino Del Rio North - Suite 423
92108 San Diego