Investigation Overview
May 19, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of ANSYS, Inc. (NASDAQ:ANSS) shares was announced over potential breaches of fiduciary duties by certain officers and directors at ANSYS, Inc. The investigation by a law firm concerns whether certain ANSYS officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
ANSYS, Inc. reported that its annual Total Revenue rose from $861.26 million in 2013 to $936.02 million in 2014 and that its respective Net Income increased from $245.33 million to $254.69 million. Shares of ANSYS, Inc. (NASDAQ:ANSS) grew from $72.99 per share in October 2014 to as high as $90.70 per share on May 14, 2015.