An investigation for investors in NYSE:BOX was announced over potential breaches of fiduciary duties by certain directors at Box Inc.
Investors who purchased shares of Box Inc (NYSE:BOX) and currently hold any of those NYSE:BOX shares 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 Box officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Redwood City, CA based Box Inc reported that its Total Revenue rose from $216.44 million for the 12 months period that ended on January 31, 2015 to $302.70 million for the 12 months period that ended on January 31, 2016 while its Net Loss increased from $168.23 million to $202.95 million. Shares of Box Inc (NYSE:BOX) declined from $23.23 per share in January 2015 to as low as $8.82 per share in January 2016.
Those who purchased NYSE:BOX shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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