An investigation for investors in NYSE:RGS shares was announced over potential breaches of fiduciary duties by certain directors at Regis Corporation.
Investors who purchased shares of Regis Corporation (NYSE:RGS) 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 Regis Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.
Regis Corporation reported that its Total Revenue declined from $1.83 billion for the 12 months period that ended on June 30, 2015 to over $1.79 billion for the 12 months period that ended on June 30, 2016 and that its Net Loss declined from $33.84 million to $11.32 million. Shares of Regis Corporation (NYSE:RGS) declined from $18.04 per share in November 2015 to as low as $12.09 per share on June 29, 2016.
On October 6, 2016, NYSE:RGS shares closed at $12.53 per share.
Those who purchased NYSE:RGS shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego