March 31, 2014 (Shareholders Foundation) - An investigation on behalf of investors in Boyd Gaming Corporation (NYSE:BYD) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Boyd Gaming Corporation.

The investigation by a law firm concerns whether certain Boyd Gaming officers and directors breached their fiduciary duties and potentially caused damages to the company and its shareholders.

The total compensation of certain top executives at Boyd Gaming Corporation increased significantly between 2012 and 2013. For instance, the Executive Chairman of the board of directors total pay rose from over $2.33 million in 2012 to over $3.83 million in 2013, the President and CEOs total compensation increased from over $3.04 million in 2012 to over $5.59 million in 2013, and the executive VP and Chief business development officers total pay rose from over $2.29 million in 2012 to over $3.81 million in 2013.

Boyd Gaming Corporation reported that its annual Total Revenue rose from over $2.48 billion in 2012 to over $2.89 billion in 2013 and that its respective Net Loss declined from $908.87 million to $80.26 million.

Shares of Boyd Gaming Corporation (NYSE:BYD) grew from $5.07 per share in November 2012 to $14.25 per share in September 2013.