An investigation on behalf of investors in Varian Medical Systems, Inc. (NYSE:VAR) shares over potential wrongdoing at Varian Medical Systems was announced and NYSE:VAR stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 07/01/2015 -- An investigation for investors in NYSE:VAR shares was announced over potential breaches of fiduciary duties by certain Varian Medical Systems officers and directors.
Investors who purchased shares of Varian Medical Systems, Inc. (NYSE:VAR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Varian Medical Systems officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Varian Medical Systems, Inc. reported that its Total Revenue rose from over $2.94 billion for the 52 weeks period that ended on September 27, 2013 to over $3.04 billion for the 52 weeks period that ended on September 26, 2014 while its Net Income over those respective time periods declined from $438.25 milion to $403.70 million. Shares of Varian Medical Systems, Inc. (NYSE:VAR) grew from $55.46 per share in August 2012 to as high as $96.14 per share in April 2015.
On June 30, 2015, NYSE:VAR shares closed at $84.33 per share.
Those who purchased shares of Varian Medical Systems, Inc. (NYSE:VAR) 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