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Flanigans Enterprises, Inc. (NYSEMKT:BDL) Investor Investigation Over Potential Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Flanigans Enterprises, Inc. (NYSEMKT:BDL), 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
Flanigan's Enterprises, Inc.
Security
NYSEMKT: BDL

Summary

June 16, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Flanigans Enterprises, Inc. (NYSEMKT:BDL) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Flanigans Enterprises.

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

Flanigan's Enterprises, Inc. reported that its Total Revenue rose from $77.33 million for the 52 weeks period that ended on Sept. 29, 2012 to $89.80 million for the 52 weeks period that ended on September 27, 2014 and that its respective Net Income increased from $1.41 million to $2.77 million.

Shares of Flanigan's Enterprises, Inc. (NYSEMKT:BDL) grew from $5.90 per share in March 2012 to as high as $40.81 per share in February 2015.

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