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AMC Networks Inc (NASDAQ:AMCX) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of AMC Networks Inc (NASDAQ:AMCX), 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
AMC Networks Inc
Security
NASDAQ: AMCX

Summary

January 28, 2014 (Shareholders Foundation) - An investigation on behalf of investors in shares of AMC Networks Inc (NASDAQ:AMCX) was announced concerning whether certain AMC Networks officers and directors possibly breached their fiduciary duties.

The investigation by a law firm concerns, among other things, whether certain AMC Networks officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

AMC Networks Inc reported that its annual Total Revenue rose from $973.64 million in 2009 to over $1.35 billion in 2012 and that its Net Income increased from $53.76 million in 2009 to $136.53 million in 2012.

Shares of AMC Networks Inc (NASDAQ:AMCX) grew from $31.95 per share in September 2011 to as high as $71.71 per share in November 2013.

On January 28, 2014, NASDAQ:AMCX shares closed at $65.27 per share.

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