Investigation Overview
May 15, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of ICF International Inc (NASDAQ:ICFI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at ICF International.
The investigation by a law firm concerns whether certain ICF International officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
ICF International Inc (NASDAQ:ICFI) reported that its annual Total Revenue increased from $840.77 million in 2011 to over $1.05 billion in 2014 and that its respective Net Income increased from $34.87 million to $40.03 million. Shares of ICF International Inc (NASDAQ:ICFI) grew from $18.25 per share in October 2012 to as high as $43.73 per share on March 24, 2015.