An investigation for investors in NYSE:CPK shares was announced over potential breaches of fiduciary duties by certain Chesapeake Utilities directors.
Investors who purchased shares of Chesapeake Utilities Corporation (NYSE:CPK) 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 Chesapeake Utilities directors breached their fiduciary duties.
Chesapeake Utilities Corporation reported that its annual Total Revenue rose from $392.50 million in 2012 to $498.93 million in 2014 and that its Net Income increased from $28.86 million in 2012 to $36.09 million in 2014.
Shares of Chesapeake Utilities Corporation (NYSE:CPK ) grew from $42.13 per share in October 2014 to as high as $67.36 per share on February 9, 2016.
On February 22, 2016, NYSE:CPK shares closed at $64.00 per share.
Those who purchased shares of Chesapeake Utilities Corporation (NYSE:CPK) 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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