San Diego, CA -- (SBWIRE) -- 11/09/2016 -- An investigation on behalf of current long-term investors in shares of Ubiquiti Networks Inc (NASDAQ:UBNT) was announced over potential breaches of fiduciary duties by certain officers and directors at Ubiquiti Networks.

Investors who purchased shares of Ubiquiti Networks Inc (NASDAQ:UBNT) and currently hold any of those NASDAQ:UBNT 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 Ubiquiti Networks Inc (NASDAQ:UBNT officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Ubiquiti Networks Inc reported that its Total Revenue rose from $595.95 million for the 12 months period that ended on June 30, 2015 to $666.39 million for the 12 months period that ended on June 30, 2016 and that its respective Net Income increased from $129.66 million to $213.62 million. Shares of Ubiquiti Networks Inc (NASDAQ:UBNT) grew from $26.30 in early 2015 to as high as $54.20 per share in October 2016.

On November 8, 2016, NASDAQ:UBNT shares closed at $52.72 per share.

Those who purchased shares of Ubiquiti Networks Inc 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