An investigation for investors in NYSE:TREC shares was announced over potential breaches of fiduciary duties by certain Trecora Resources directors.
Investors who purchased shares of Trecora Resources (NYSE:TREC) and currently hold any of those NYSE:TREC shares have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Trecora Resources officers and directors breached their fiduciary duties.
Sugar Land, TX based Trecora Resources, formerly Arabian American Development Company, is engaged in manufacturing of specialty petrochemical products and synthetic waxes, and providing custom processing services. Trecora Resources reported that its annual Total Revenue declined from $289.64 million in 2014 to $241.98 million in 2015 and that its Net Income increased from $15.57 million in 2014 to $18.60 million in 2015.
Shares of Trecora Resources (NYSE:TREC) grew from $9.03 per share in February 2016 to $14.80 per share on January 10, 2017.
Those who purchased NYSE:TREC shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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