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AV Homes Inc (NASDAQ:AVHI) Investor Investigation Over Possible Breaches Of Fiduciary Duties

  • If you purchased shares of AV Homes Inc (NASDAQ:AVHI), 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
AV Homes Inc
Security
NASDAQ: AVHI

Summary

August 12, 2013 (Shareholders Foundation) - An investigation on behalf of investors who purchased shares of AV Homes Inc (NASDAQ:AVHI) was announced concerning whether certain AV Homes officers and directors possibly breached their fiduciary duties in connection with certain statements.

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

AV Homes Inc reported that its Total Revenue increased from $88.98 million in 2011 to $10.749 million in 2012 and that its respective Net Loss declined from $165.88 million to $90.23 million.

Shares of AV Homes Inc (NASDAQ:AVHI) grew from $6.26 per share in November 2011 to as high as $17.73 per share in June 2013.

On August 12, 2013, NASDAQLAVHI shares closed at $15.77 per share.

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