Investigation Overview
An investigation on behalf of investors on Express Scripts, Inc. (NASDAQ:ESRX) shares over possible violations of Federal Securities Laws by Express Scripts, Inc and its Board of Directors was announced.
The investigation by a law firm focuses on possible shareholder claims in regards to potential securities laws violations by Express Scripts, Inc and its Board of Directors in connection with statements made by the Company in its public filings with the SEC and recently distributed to shareholders.
Express Scripts 12months Total Revenue increased from $21.824billion to $44.973billion from 2007 to 2010. Its Net Income rose over the same time frame from $567.80million in 2007 to $1,181.80million in 2010.
Shares of Express Scripts, Inc. increased to as much as $58.27 per share on February 11 and traded recently at $52.81 per share.
At the annual shareholder meeting on May 4, 2011stockholders of Express Scripts, Inc. will be asked among other things to approve, by non-binding vote, executive compensation and to recommend, by non-binding vote, the frequency of executive compensation votes.