An investigation was announced for investors in NASDAQ:THRM shares concerning possible breaches of fiduciary duties by certain Gentherm directors.
Investors who purchased shares of Gentherm Inc (NASDAQ:THRM) 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 Gentherm directors breached their fiduciary duties.
Shares Gentherm Inc (NASDAQ:THRM) declined from $57.86 per share in June 2015 to as low as $27.45 per share in November 2016. Gentherm Inc reported that its annual Total Revenue rose from $856.45 million in 2015 to $917.60 million in 2016 and that its Net Income declined from $95.39 million in 2015 to $76.60 million in 2016. Shares Gentherm Inc (NASDAQ:THRM) grew from $27.45 per share in November 2016 to as high as $39.25 per share in March 2017.
On May 2, 2017, NASDAQ:THRM shares closed at $37.10 per share.
Those who purchased NASDAQ:THRM shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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