San Diego, CA -- (SBWIRE) -- 08/10/2017 -- An investigation on behalf of current long-term investors in shares of Stericycle Inc (NASDAQ:SRCL) concerning potential breaches of fiduciary duties by certain directors and officers of Stericycle Inc was announced.

Investors who are current long term investors in Stericycle Inc (NASDAQ:SRCL) 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 for current long term investors in NASDAQ:SRCL stocks follows a lawsuit filed against Stericycle Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:SRCL stocks, concerns whether certain Stericycle directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges that Stericycle Inc engaged in a systematic scheme whereby it routinely and systematically raised the rates it charged its smaller customers in violation of the contracts it had with those customers and that by doing so, Stericycle Inc artificially inflated its revenues and growth. The plaintiff claims that the Defendants did not disclose this practice and, as a result, Stericycle Inc routinely misrepresented its performance and earnings.

Those who purchased shares of Stericycle Inc (NASDAQ:SRCL) 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