The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of FleetCor Technologies, Inc. (NYSE:FLT) shares was initiated over potential breaches of fiduciary duties by certain officers and directors at FleetCor Technologies.
Investors who purchased shares of FleetCor Technologies, Inc. (NYSE:FLT) 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 FleetCor Technologies officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
FleetCor Technologies, Inc. reported that its annual Total Revenue rose from $433.84 million in 2010 to $895.17 million in 2013 and that its Net Income increased from $107.90 million in 2010 to $284.50 million in 2013. Shares of FleetCor Technologies, Inc. (NYSE:FLT) grew from $35.04 per share in June 2012 to as high as $155.99 per share in November 2014.
On January 20, 2014, NYSE:FLT shares closed at $137.02 per share.
Those who purchased shares of FleetCor Technologies, Inc. have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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