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Ethan Allen Interiors Inc. (NYSE:ETH) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Ethan Allen Interiors Inc. (NYSE:ETH), 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
Ethan Allen Interiors Inc.
Security
NYSE: ETH

Summary

September 10, 2015 (Shareholders Foundation) - An investigation on behalf of investors in NYSE:ETH shares was announced over potential breaches of fiduciary duties by certain officers and directors at Ethan Allen Interiors Inc.

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

Ethan Allen Interiors Inc. reported that its Total Revenue rose from $746.66 million for the 12 months period that ended on June 30, 2014 to $754.60 million for the 12 months period that ended on June 30, 2015 while its Net income for those respective time periods declined from $42.93 million to $37.14 million.

Shares of Ethan Allen Interiors Inc. (NYSE:ETH) closed on September 10, 2015, at $29.64 per share.

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