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If you are a current long-term stockholder in shares of Kilroy Realty Corp (NYSE:KRC), you have certain options and you should contact the Shareholders Foundation, Inc.
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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
October 15, 2013 (Shareholders Foundation) - An investigation on behalf of investors who purchased shares of Kilroy Realty Corp (NYSE:KRC) was announced concerning whether certain Kilroy Realty officers and directors possibly breached their fiduciary duties in connection with certain statements.
The investigation by a law firm concerns, among other things, whether certain Kilroy Realty Corp (NYSE:KRC officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by failing to implement adequate internal controls.
Kilroy Realty Corp reported that its annual Total Revenue declined from $264.80 million in 2009 to $254.99 million in 2010 and that its respective Net Income decreased from $36.99 million to $19.71 million.
Then Kilroy Realty Corp reported that its annual Revenue rose to $337.63 million in 2011, respectively $404.91 million in 2012 and that its Net Income grew from $66.02 million in 2011 to $270.91 million in 2012
Shares of Kilroy Realty Corp (NYSE:KRC) grew from $15.52 per share in March 2009 to as high as $58.67 per share in May 2013.
On Oct. 15, 2013, NYSE:KRC shares closed at $51.39 per share.
