An investigation for investors in NASDAQ:ENT shares was announced over potential breaches of fiduciary duties by certain officers and directors at Global Eagle Entertainment.
Investors who purchased shares of Global Eagle Entertainment Inc (NASDAQ:ENT) 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 Global Eagle Entertainment officers and directors breached their fiduciary duties.
Global Eagle Entertainment Inc reported that its annual Total Revenue increased from $387.74 million in 2014 to $426.03 million in 2016 and that its Net Loss declined from $57.39 million in 2014 to $2.13 million in 2015.
Shares of Global Eagle Entertainment Inc (NASDAQ:ENT) declined from $15.70 per share in February 2015 to as low as $6.41 per share in June 2016.
On September 26, 2016, NASDAQ:ENT shares closed at $8.09 per share.
Those who purchased NASDAQ:ENT shares 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