Investigation Overview
An investigation on behalf of current long-term investors in shares of HB Fuller Co (NYSE:FUL) was announced over potential breaches of fiduciary duties by certain officers and directors at HB Fuller Co.
The investigation by a law firm concerns whether certain HB Fuller Co officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Saint Paul, MN based H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. HB Fuller Co reported that its Total Revenue increased from over $2.08 billion for the 52 weeks period ending on Nov. 28, 2015 to over $2.09 billion for the 53 weeks period ending on December 3, 2016 and that its Net Income for those respective time periods increased from $87.98 million to $124.13 million.