Investigation Overview
March 23, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Hilton Worldwide Holdings Inc (NYSE:HLT) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Hilton Worldwide Holdings Inc.
The investigation by a law firm concerns whether certain Hilton Worldwide Holdings officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Hilton Worldwide Holdings Inc reported that its annual Total Revenue rose from over $8.78 billion in 2011 to over $10.5 billion in 2014 and that its respective Net Income increased from $253 million to $673 million.
Shares of Hilton Worldwide Holdings Inc (NYSE:HLT) grew from $21.25 per share in April 2014 to as high as $29.69 per share on March 23, 2015.