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FBR & Co (NASDAQ:FBRC) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of FBR & Co (NASDAQ:FBRC), 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
FBR & Co
Security
NASDAQ: FBRC

Summary

October 8, 2013 (Shareholders Foundation) - An investigation on behalf of investors in shares of FBR & Co (NASDAQ:FBRC) was announced concerning whether certain FBR & Co officers and directors possibly breached their fiduciary duties.

The investigation by a law firm concerns, among other things, whether certain FBR & Co officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

FBR & Co (NASDAQ:FBRC) reported that its annual Total Revenue rose from $132.23 million in 2011 to $151.49 million in 2012 and that its Net Loss of $49.65 million in 2011 turned into a net Income of $29.69 million in 2012.

Shares of FBR & Co (NASDAQ:FBRC) grew to $30.75 per share in July 2013.

On Oct. 7, 2013, NASDAQ:FBRC shares closed at $25.86 per share.

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