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CDI Corp. (NYSE:CDI) Investor Investigation Concerning Potential Wrongdoing Announced

  • If you purchased shares of CDI Corp. (NYSE:CDI), 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
CDI Corp.
Security
NYSE: CDI

Summary

January 18, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of CDI Corp. (NYSE:CDI) was announced over potential breaches of fiduciary duties by certain officers and directors at CDI Corp.

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

CDI Corp. reported that its annual Total Revenue declined from over $1.12 billion in 2014 to $985.49 million in 2015 and that its Net Income of $3.08 million in 2014 declined to a Net Loss of $37.00 million in 2015.

Shares of CDI Corp. (NYSE:CDI) declined from $18.60 per share in February 2015 to as low as $4.51 per share in February 2016.

On January 18, 2017, NYSE:CDI shares closed at $8.35 per share.

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