Investigation Overview
September 4, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of CAI International Inc (NYSE:CAI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at CAI Intl.
The investigation by a law firm concerns whether certain CAI International officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
CAI International Inc reported that its annual Total Revenue rose from $212.41 million in 2013 to $227.59 million in 2014 while its Net Income declined from $63.93 million in 2013 to $60.27 million in 2014.
Shares of CAI International Inc (NYSE:CAI, formerly NYSE:CAP) declined from $25.31 per share in April 2015 to as low as $11.82 per share on August 25, 2015.