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GigPeak Inc (NYSEMKT:GIG) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of GigPeak Inc (NYSEMKT:GIG), you have certain options and you hould 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
GigPeak Inc
Security
NYSEMKT: GIG

Summary

August 05, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of GigPeak Inc (NYSEMKT:GIG) was announced over potential breaches of fiduciary duties by certain officers and directors at GigPeak Inc.

The investigation by a law firm concerns whether certain GigPeak officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
GigPeak Inc reported that its annual Total Revenue rose from $32.95 million in 2014 to $40.39 million in 2015 and that its Net Loss of $5.82 million turned into a Net Income of $1.25 million in 2015.

Shares of GigPeak Inc (NYSEMKT:GIG) rose from $1.04 per share in October 2014 to as high as $3.33 per share in February 2016.

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