An investigation was announced for investors in NYSE:CRC shares over potential breaches of fiduciary duties by certain California Resources directors.
Investors who purchased shares of California Resources Corp (NYSE:CRC) have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain California Resources directors breached their fiduciary duties.
California Resources Corp reported that its annual Total Revenue declined from $4.28 billion in 2013 to over $2.4 billion in 2015 and that its Net Income of $869 million in 2013 decreased to a Net Loss of over $3.55 billion in 2015.
On October 20, 2016, NYSE:CRC shares closed at $12.43 per share.
Those who purchased NYSE:CRC shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego