An investigation for investors in NYSE:BEN shares was announced over potential breaches of fiduciary duties by certain directors at Franklin Resources.
Investors who purchased shares of Franklin Resources, Inc. (NYSE:BEN) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Franklin Resources directors breached their fiduciary duties and caused damage to the company and its shareholders.
Franklin Resources, Inc. reported that its Total Revenue declined from over $8.49 billion for the 12 months period that ended on September 30, 2014 to over $7.94 billion for the 12 months period that ended on September 30, 2015 and that its Net Income for those respective time periods declined from over $2.38 billion to over $2.03 billion. Shares of Franklin Resources, Inc. (NYSE:BEN) declined from $58.30 per share in late 2014 to as low as $30.56 per share in June 2016
On September 7, 2016, NYSE:BEN shares closed at $36.47 per share.
Those who purchased NYSE:BEN shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego