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Ashford Hospitality Prime Inc (NYSE:AHP) Investor Investigation Concerningg Possible Wrongdoing Announced

  • If you purchased shares of Ashford Hospitality Prime Inc (NYSE:AHP) and currently hold any of those NYSE:AHP 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
Ashford Hospitality Prime Inc
Security
NYSE: AHP

Summary

February 5, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Ashford Hospitality Prime Inc (NYSE:AHP) was announced over potential breaches of fiduciary duties by certain officers and directors at Ashford Hospitality Prime.

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

Ashford Hospitality Prime Inc reported that its annual Total Revenue rose from $233.50 million in 2013 to $307.31 million in 2014 and that its Net Loss of $11.78 million in 2013 turned into a Net Income of $1.94 million in 2014. However, shares of Ashford Hospitality Prime Inc (NYSE:AHP) declined from $23 in November 2013 to as low as $8.37 per share on February 5, 2016

On February 8, 2016, NYSE:AHP shares closed at $9.76 per share.

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