Investigation Overview
January 3, 2017 (Shareholders Foundation) - An investigation on behalf of investors of Federal Signal Corporation (NYSE:FSS) shares over potential securities laws violations by Federal Signal and certain of its directors and officers in connection certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Federal Signal Corporation (NYSE:FSS) concerning whether a series of statements by Federal Signal regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Federal Signal Corporation reported that its annual Total Revenue declined from $7979.10 million in 2014 to $768.00 million in 2015 while its Net Income increased from $59.70 million in 2014 to $63.70 million in 2015.
On January 3, 2017, NYSE:FSS shares closed at $15.87 per share