An investigation was announced for investors in shares of NiSource Inc. concerning potential breaches of fiduciary duties by certain officers and directors at NiSource.
Investors who purchased shares of NiSource Inc. (NYSE:NI) have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain NiSource officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
NiSource Inc. reported that its annual Total Revenue declined from over $5.25 billion in 2014 to over $4.47 billion in 2016 and that its Net Income declined from $530 million in 2014 to $331.50 million in 2016.
Shares of NiSource Inc. (NYSE:NI) declined from $48.05 per share in June 2015 to as low as $16.17 per share in September 2015.
On April 19, 2017, NYSE:NI shares closed at $24.23 per share.
Those who purchased NYSE:NI shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego