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Allison Transmission Holdings Inc (NYSE:ALSN) Investor Investigation Announced

  • If you purchased shares of Allison Transmission Holdings Inc (NYSE:ALSN), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Allison Transmission Holdings Inc
Security

Summary

November 3, 2016 (Shareholders Foundation) - An investigation on behalf of investors in shares of Allison Transmission Holdings Inc (NYSE:ALSN) was announced over potential breaches of fiduciary duties by certain officers and directors at Allison Transmission Holdings.

The investigation by a law firm concerns whether certain Allison Transmission Holdings officers and directors breached their fiduciary duties.

Allison Transmission Holdings Inc reported that its annual Total Revenue declined from over $2.12 billion in 2014 to over $1.98 billion in 2015 and that its Net Income decreased from $228.60 million in 2014 to $182.30 million in 2015.


Shares of Allison Transmission Holdings Inc (NYSE:ALSN) grew from $22.17 per share in February 2016 to as high as $29.79 per share in July 2016.

On November 3, 2016, NYSE:ALSN shares closed at $28.42 per share

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