An investigation on behalf of investors in Standex Int’l Corp. (NYSE:SXI) shares over potential wrongdoing at Standex Int’l was announced and NYSE:SXI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/19/2015 -- An investigation on behalf of current long-term investors in shares of Standex Int'l Corp. (NYSE:SXI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Standex Int'l.
Investors who purchased shares of Standex Int'l Corp. (NYSE:SXI) have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Standex Int'l officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Standex Int'l Corp. reported that its Total Revenue rose from $673.39 million for the 12 months period that ended on June 30, 2013 to $716.18 million for the 12 months period that ended on June 30, 2014, whiles its respective Net Income declined from $44.85 million to $42.87 million. Shares of Standex Int'l Corp. (NYSE:SXI) grew from $28.95 per share in late 2011 to as high as $86.25 per share in October 2014.
On May 15, 2015, NYSE:SXI shares closed at $80.61 per share.
Those who purchased shares of Standex Int'l Corp. (NYSE:SXI), 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