Investigation Overview
An investigation on behalf of investors in shares of General Finance Corporation (NASDAQ:GFN) was announced over potential breaches of fiduciary duties by certain officers and directors at General Finance Corporation.
The investigation by a law firm concerns whether certain General Finance Corporation officers and directors breached their fiduciary duties.
Pasadena, CA based General Finance Corporation is a specialty rental services company. General Finance Corporation reported that its Total Revenue declined from $285.85 million for the 12 months period that ended on June 30, 2016 to $276.93 million for the 12 months period that ended on June 30, 2017 and that its Net Loss for those respective time periods declined from $5.36 million to $2.96 million.