An investigation on behalf of investors in Tesoro Corporation (NYSE:TSO) shares over potential wrongdoing at Tesoro was announced and NYSE:TSO stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 01/26/2017 -- An investigation on behalf of current long-term investors in shares of Tesoro Corporation (NYSE:TSO) was announced.
Investors who purchased shares of Tesoro Corporation (NYSE:TSO) and currently hold any of those NYSE:TSO 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 concerns whether certain Tesoro officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Tesoro Corporation reported that its annual Total Revenue declined from over $40.63 billion in 2014 to $28.71 billion in 2015 and that its Net Income increased from $872 million in 2014 to over $1.54 billion in 2015.
Shares of Tesoro Corporation) grew from $70.01 per share in July 2016 to as high as $92.00 per share in December 2016.
On January 25, 2017, NYSE:TSO shares closed at $81.98 per share.
Those who purchased shares of Tesoro Corporation 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