The Shareholders Foundation announces that an investigation on behalf of investors in Apple Inc. (NASDAQ:AAPL) shares is ongoing concerning potential breaches of fiduciary duties by certain officers and directors at Apple.
Investors who purchased shares of Apple Inc. (NASDAQ:AAPL) in 2006 or earlier and currently hold any of those NASDAQ:AAPL shares, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Apple officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Apple Inc. reported that its Total Revenue rose from over $156.50 billion for the 52 weeks period that ended on Sept. 29, 2012 to over $170.91 billion for the 52 weeks period that ended on Sept. 28, 2013, while its Net Income for those respective time periods declined from over $41.73 billion to over $37.03 billion. Shares of Apple Inc. (NASDAQ:AAPL) increased from $398.07 per share in June 2013 to as high as $570.09 per share in late December 2013.
On April 22, 2014, NASDAQ:AAPL shares closed at $531.70 per share.
Those who purchased shares of Apple Inc. have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
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