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Everi Holdings Inc. (NYSE: EVRI) Investor Investigation Over Potential Breaches Of Fiduciary Duties Announced

  • Investors who purchased shares of Everi Holdings Inc. (NYSE: EVRI) and currently hold any of those NYSE: EVRI shares have certain options and 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
Everi Holdings Inc.
Security
NYSE: EVRI

Summary

An investigation on behalf of current long-term investors in shares of Everi Holdings Inc. (NYSE: EVRI) was announced over potential breaches of fiduciary duties by certain officers and directors at Everi Holdings Inc. .

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

Las Vegas, NV based Everi Holdings Inc. provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. Everi Holdings Inc. reported that its annual Total Revenue rose from $859.45 million in 2016 to $974.94 million in 2017 and that its Net Loss declined from $249.47 million in 2016 to $51.9 million in 2017.

Shares of Everi Holdings Inc. (NYSE: EVRI) grew from $1.19 per share May 2016 to $8.58 per share in November 2017.

On July 16, 2018, NYSE: EVRI shares closed at $7.85 per share.

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