An investigation for investors in NASDAQ:AZP shares was announced over potential breaches of fiduciary duties by certain Aspen Technology directors.
Investors who purchased shares of Aspen Technology, Inc. (NASDAQ:AZP) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Aspen Technology officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Aspen Technology, Inc. reported that its Total Revenue rose from $243.13 million for the 12 months period that ended on June 30, 2012 to as high as $440.40 million for the 12 months period that ended on June 30, 2014 and that its Net Loss of $13.81 million for the 12 months period that ended on June 30, 2012 turned into a Net Income of $118.41 million for the 12 months period that ended on June 30, 2014
Shares of Aspen Technology, Inc. (NASDAQ:AZP) declined from $44.16 per share in December 2015 to as low as $29.25 per share on February 10, 2016.
Those who purchased shares of Aspen Technology, Inc. (NASDAQ:AZP) 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
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