Investigation Overview
Company
Security
NYSE: K
Summary
An investigation on behalf of investors in shares of Kellogg Company (NYSE: K) was announced over potential breaches of fiduciary duties by certain officers and directors at Kellogg Company.
The investigation by a law firm concerns whether certain Kellogg Company directors breached their fiduciary duties and caused damage to the company and its shareholders.
Battle Creek, MI based Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience foods. Kellogg Company reported that its annual Total Revenue declined from over $13.01 billion in 2016 to over $12.92 billion in 2017 and that its Net Income increased from $695 million in 2016 to over $1.26 billion in 2017.