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International Shipholding Corporation (NYSE:ISH) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of International Shipholding Corporation (NYSE:ISH), 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
International Shipholding Corporation
Security
NYSE: ISH

Summary

June 9, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of International Shipholding Corporation (NYSE:ISH) shares was announced over potential breaches of fiduciary duties by certain officers and directors at International Shipholding.

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

International Shipholding Corporation reported that its annual Total Revenue declined from $310.13 million in 2013 to $294.83 million in 2014 and its Net Income of $18.53 million in 2013 declined to a Net Loss of $54.70 million in 2014. Shares of International Shipholding Corporation (NYSE:ISH) declined from $32.06 per share in March 2014 to as low as $7.79 per share on June 1, 2015

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