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CenterPoint Energy, Inc. (NYSE:CNP) Investor Investigation Concerning Possible Breaches Of Fiduciary Duties

  • If you purchased shares of CenterPoint Energy, Inc. (NYSE:CNP), 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
CenterPoint Energy, Inc.
Security
NYSE: CNP

Summary

April 28, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of CenterPoint Energy, Inc. (NYSE:CNP) concerning whether certain CenterPoint Energy officers and directors possibly breached their fiduciary duties in connection with certain statements was announced.

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

CenterPoint Energy, Inc. reported that its annual Total Revenue rose from over $7.45 billion in 2012 to over $8.1 billion in 2013 while its respective Net Income declined from $417 million to $311 million.Shares of CenterPoint Energy, Inc. (NYSE:CNP) grew from $18.23 per share in early 2012 to as high as $25.07 per share in November 2013,

On April 28, 2014, NYSE:CNP shares closed at $24.82 per share.

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