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AmerisourceBergen Corp. (NYSE:ABC) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of AmerisourceBergen Corp. (NYSE:ABC), 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
AmerisourceBergen Corp.
Security
NYSE: ABC

Summary

December 15, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of AmerisourceBergen Corp. (NYSE:ABC) was announced over potential breaches of fiduciary duties by certain officers and directors at AmerisourceBergen.

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

AmerisourceBergen Corp. reported that its Total Revenue rose from over $119.56 billion for the 12 months period that ended on September 30, 2014 to over $135.96 billion for the 12 months period that ended on September 30, 2015 while its Net Income of $284.03 million for the 12 months period that ended on September 30, 2014 declined to a Net Loss of $134.89 million for the 12 months period that ended on September 30, 2015. Shares of AmerisourceBergen Corp. (NYSE:ABC) grew from $43.84 per share in early 2013 to as high as $115.48 per share in April 2015. Since then NYSE:ABC shares declined to $92.84 per share in October 2015.

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