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Education Realty Trust, Inc. (NYSE:EDR) Investor Investigation Announced

  • If you purchased shares of Education Realty Trust, Inc. (NYSE:EDR), 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
Education Realty Trust, Inc.
Security
NYSE: EDR

Summary

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

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

Education Realty Trust, Inc. reported that its annual Total Revenue increased from $225.79 million in 2014 to $255.16 million in 2015 and that its Net Income declined from $47.05 million in 2014 to $19.91 million in 2015.

Shares of Education Realty Trust, Inc. (NYSE:EDR) reached as high as $48.14 per share in July 29, 2016.

On January 18, 2017, NYSE:EDR shares closed at $41.91 per share.

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