An investigation for investors in NASDAQ:WEN shares was announced concerning possible breaches of fiduciary duties by certain directors at Wendys Co. by possibly failing to take adequate steps to prevent the data breach the company announced in February 2016
Investors who purchased shares of Wendys Co (NASDAQ:WEN) and currently hold any of those NASDAQ:WEN 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 Wendys directors breached their fiduciary duties and caused damage to the company and its shareholders. The investigation says that as a result of the data breach, thousands of credit and debit card numbers were exposed over a five-month period, resulting in lawsuits including class actions from consumers and banks alleging that Wendy’s failed to take appropriate security measures to ensure that the financial and personal information of its customers was protected.
On May 13, 2016, NASDAQ:WEN shares closed at $10.46 per share.
Those who purchased NASDAQ:WEN shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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