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If you are a current long-term stockholder of shares of Avery Dennison Corp (NYSE:AVY), you have certain options and you should contact the Shareholders Foundation, Inc.
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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
April 8, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of Avery Dennison Corp (NYSE:AVY) concerning whether certain Avery Dennison officers and directors possibly breached their fiduciary duties in connection with certain statements was announced.
The investigation by a law firm concerns whether certain Avery Dennison officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Avery Dennison Corp reported that its Total Revenue rose from over $5.86 billion for the 52 weeks period that ended on Dec. 29, 2012 to over $6.14 billion for the 52 weeks period that ended on Dec. 28, 2013 and that its Net Income for those time periods increased from $215.40 million to $215.80 million.
Shares of Avery Dennison Corp grew from $24.25 per share in November 2011 to as high as $52.14 per share in January 2014.
On April 7, 2014, shares of Avery Dennison Corp (NYSE:AVY) closed at $50.49 per share.
