An investigation for investors in Federal Signal Corporation (NYSE:FSS) was announced over potential breaches of fiduciary duties by certain Federal Signal directors.
Investors who purchased shares of Federal Signal Corporation (NYSE:FSS) and currently hold any of those NYSE:FSS shares 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 Federal Signal directors breached their fiduciary duties and caused damage to the company and its shareholders.
Federal Signal Corporation reported that its annual Total Revenue rose from $851.30 million in 2013 to $918.50 million in 2014 while its Net Income declined from $160.00 million in 2013 to $63.70 million in 2014. Shares of Federal Signal Corporation (NYSE:FSS) declined from as high as $17.13 per share in November 2015 to as low as $13.48 per share in January 20, 2016.
On February 25, 2016, NYSE:FSS shares closed at $15.02 per share
Those who purchased shares of Federal Signal Corporation (NYSE:FSS) 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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