Investigation Overview
July 1, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Comcast Corporation (NASDAQ:CMCSA) was announced over potential breaches of fiduciary duties by certain officers and directors at Comcast.
The investigation by a law firm concerns whether certain Comcast officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Comcast Corporation reported that its annual Total Revenue rose from over $68.77 billion in 2014 to over $74.51 billion in 2015 and that its Net Income declined from $8.38 billion in 2014 to $8.16 billion in 2015.
Shares of Comcast Corporation (NASDAQ:CMCSA) grew from $39.77 per share in June 2013 to as high as $64.99 per share in July 2015.