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HC2 Holdings Inc (NYSEMKT:HCHC) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of HC2 Holdings Inc (NYSEMKT:HCHC) and currently hold any of those NYSEMKT:HCHC shares, 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
HC2 Holdings Inc
Security
NYSEMKT: HCHC

Summary

March 10, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of HC2 Holdings Inc (NYSEMKT:HCHC) shares was announced over potential breaches of fiduciary duties by certain officers and directors at HC2 Holdings.

The investigation by a law firm concerns whether certain HC2 Holdings officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

HC2 Holdings Inc reported that its annual Total Revenue declined from $411.98 million in 2011 to $230.69 million in 2013 and that its Net Loss of $38.73 million in 2011 turned intot a Net Income of $111.61 million in 2013. Shares of HC2 Holdings Inc (NYSEMKT:HCHC) grew from $2.70 per share in late 2013 to as high as $8.43 per share in late December 2014.

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