An investigation on behalf of investors in Triumph Group Inc (NYSE:TGI) shares over potential wrongdoing at Triumph Group Inc was announced and NYSE:TGI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 06/23/2017 -- An investigation was announced for investors in shares of Triumph Group Inc (NYSE:TGI) was announced over potential breaches of fiduciary duties by certain directors at Triumph Group.
Investors who purchased shares of Triumph Group Inc (NYSE:TGI) should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm concerns whether certain Triumph Group directors breached their fiduciary duties and caused damage to the company and its shareholders.
Triumph Group Inc reported that its Total Revenue declined from over $3.88 billion for the 12 months period that ended on March 31, 2016 to over $3.53 billion for the 12 months period that ended on March 31, 2017 and that its Net Loss declined from over $1.04 billion to $42.95 million. Shares of Triumph Group Inc (NYSE:TGI) declined from $85 per share in July 2013 to as low as $19.80 per share in May 2017.
On June 22, 2017, NYSE:TGI shares closed at $29.05 per share.
Those who purchased shares of Triumph Group have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego