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HCI Group Inc (NYSE:HCI) Investor Investigation Announced

  • If you purchased shares of HCI Group Inc (NYSE:HCI), 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
HCI Group Inc
Security
NYSE: HCI

Summary

May 18, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of HCI Group Inc (NYSE:HCI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at HCI Group.

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

HCI Group Inc reported that its annual Total Revenue rose from $93.81 million in 2011 to $266.21 million in 2014 and that its respective Net Income increased from $9.96 million to $62.66 million.

Shares of HCI Group Inc (NYSE:HCI) reached in late 2013 as high as $52.54 per share.

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