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B/E Aerospace Inc (NASDAQ:BEAV) Investor Investigation Concerning Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of B/E Aerospace Inc (NASDAQ:BEAV) and currently hold any of those NASDAQ:BEAV 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
B/E Aerospace Inc
Security
NASDAQ: BEAV

Summary

October 28, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of B/E Aerospace Inc (NASDAQ:BEAV) shares was announced over potential breaches of fiduciary duties by certain officers and directors at B/E Aerospace.

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

B/E Aerospace Inc reported that its annual Total Revenue increased from over $1.98 billion in 2010 to over $3.48 billion in 2013 and that its respective Net Income rose from $143.30 million to $365.60 million. Shares of B/E Aerospace Inc (NASDAQ:BEAV) grew from $30.58 per share in August 2011 to as high as $99.56 per share in May 2014.

Since then NASDAQ:BEAV lost significantly value and declined to as low as $69.18 per share on October 15, 2014.

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