Investigation Overview
April 3, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of FMC Corp (NYSE:FMC) was announced over potential breaches of fiduciary duties by certain officers and directors at FMC Corp.
The investigation by a law firm concerns whether certain FMC directors breached their fiduciary duties and caused damage to the company and its shareholders.
Philadelphia, PA based FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets.
FMC Corp reported that its annual Total Revenue rose from $3.27 billion in 2015 to $3.28 billion in 2016 and that its Net Income declined from $489.00 million in 2015 to $209.10 million in 2016.
Shares of FMC Corp (NYSE:FMC) grew from $35.04 per share in February 2016 to as high as $62.37 per share in Janaury 2017.