Investigation Overview
March 20, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Darling Ingredients Inc (NYSE:DAR) was announced over potential breaches of fiduciary duties by certain officers and directors at Darling Ingredients Inc .
The investigation by a law firm concerns whether certain Darling Ingredients officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Darling Ingredients Inc reported that its Total Revenue rose from $3,397.45 million for the 52 weeks period that ended on Jan. 2, 2016 to $3,398.11 million and that its Net Income for those respective time periods rose from $78.53 million to $102.31 million.
Shares of Darling Ingredients Inc (NYSE:DAR) declined from $23.66 per share in October 2013 to as low as $8.20 per share in February 2016.