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Enservco Corp (NYSEMKT:ENSV) Investor Investigation Announced

  • If you purchased shares of Enservco Corp (NYSEMKT:ENSV) and currently hold any of those NYSEMKT:ENSV 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
Enservco Corp
Security
NYSEMKT: ENSV

Summary

June 17, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Enservco Corp (NYSEMKT:ENSV) was announced over potential breaches of fiduciary duties by certain officers and directors at Enservco.

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

Enservco Corp reported that its annual Total Revenue declined from $56.56 per share in 2014 to $38.78 million in 2015 and that its Net Income of $4.01 million in 2014 declined to a Net Loss of $1.26 million in 2016.

Shares of Enservco Corp (NYSEMKT:ENSV) declined from as high as $3.72 per share in September 2014 to as low as $.027 per share in January 2016.

On June 17, 2016, NYSEMKT:ENSV shares closed at $0.66 per share.

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