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Ashford Inc (NYSEMKT:AINC) Investor Investigation Announced

  • If you purchased shares of Ashford Inc (NYSEMKT:AINC), 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 Inc
Security
NYSEMKT: AINC

Summary

October 21, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Ashford Inc (NYSEMKT:AINC) was announced over potential breaches of fiduciary duties by certain officers and directors at Ashford Inc.

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

Ashford Inc reported that its annual Total Revenue rose from $0.96 million in 2013 to $17.29 million in 2014 and that its Net Loss of $47.72 million in 2013 declined to a Net Loss of $46.41 million in 2014.

Shares of Ashford Inc (NYSEMKT:AINC)declined from $156.25 per share in February 2015 to as low as $53.22 per share in August 2015.

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