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Allstate Corp (NYSE:ALL) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of Allstate Corp (NYSE:ALL) and currently hold any of those NYSE:ALL shares, 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
Allstate Corp
Security
NYSE: ALL

Summary

April 27, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Allstate Corp (NYSE:ALL) was announced over potential breaches of fiduciary duties by certain officers and directors at Allstate Corp.

The investigation by a law firm concerns whether certain Allstate officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Allstate Corp reported that its annual Total Revenue rose from over $36.1 billion in 2015 to over $36.84 billion in 2016 and that its Net Income declined from over $2.17 billion in 2015 to over $1.87 billion in 2016.

Shares of Allstate Corp (NYSE:ALL) grew from $58.13 per share in January 2016 to as high as $82.89 per share in March 2017.

On April 27, 2017, NYSE:ALL shares closed at $81.98 per share.

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