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Knowles Corp (NYSE:KN) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Knowles Corp (NYSE:KN) and currently hold any of those NYSE:KN shares, 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
Knowles Corp
Security
NYSE: KN

Summary

December 21, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Knowles Corp (NYSE:KN) was announced over potential breaches of fiduciary duties by certain officers and directors at Knowles Corp.

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

Knowles Corp reported that its annual Total Revenue declined from over $1.21 billion in 2013 to over $1.14 billion in 2014 and that its Net Income of $105.80 million in 2013 declined to a Net Loss of $87.00 million in 2014.

Shares of Knowles Corp (NYSE:KN) declined from $32.92 per share in August 2014 to as low as $13.86 per share on December 16, 2015.

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