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Darden Restaurants, Inc. (NYSE:DRI) Investor Investigation Over Potential Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Darden Restaurants, Inc. (NYSE:DRI) shares, 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
Darden Restaurants
Security
NYSE: DRI

Summary

April 15, 2014 (Shareholders Foundation) - An investigation on behalf of investors in Darden Restaurants, Inc. (NYSE:DRI) shares over potential breaches of fiduciary duties by certain officers and directors at Darden Restaurants was announced.

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

Darden Restaurants, Inc. reported that its Total Revenue rose from over $7.99 billion for the 52 weeks period that ended on May 27, 2012 to over $8.55 billion for the 52 weeks period that ended on May 26, 2013 while its respective Net Income declined from $475.50 million to $411.90 million.

Shares of Darden Restaurants, Inc. (NYSE:DRI) traded as high as $57.21 per share during September 2012, respectively as high as $54.33 per share in late 2013.

On April 15, 2014, NYSE:DRI shares closed at $48.40 per share.

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