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Autodesk, Inc. (NASDAQ:ADSK) Investor Investigation Over Potential Wrongdoing Announced

  • If you purchased shares of Autodesk, Inc. (NASDAQ:ADSK), 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
Autodesk, Inc.
Security
NASDAQ: ADSK

Summary

April 13, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Autodesk, Inc. (NASDAQ:ADSK) was announced over potential breaches of fiduciary duties by certain officers and directors at Autodesk, Inc.

The investigation by a law firm concerns whether certain Autodesk officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Autodesk, Inc. reported that its Total Revenue declined from over $2.51 billion for the 12 months period that ended on January 31, 2015 to over $2.5 billion for the 12 months period that ended on January 31, 2016 and that its Net Income of $81.80 million for the 12 months period that ended on January 31, 2015 turned into a Net Loss of $330.50 million for the 12 months period that ended on January 31, 2015.

Shares of Autodesk, Inc. (NASDAQ:ADSK) declined from $65.29 per share in December 2015 to as low as $44.92 per share on February 12, 2016.

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