Investigation Overview
February 18, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Kraton Performance Polymers Inc (NYSE:KRA) was announced over potential breaches of fiduciary duties by certain directors of Kraton Performance Polymers Inc .
The investigation by a law firm concerns whether certain Kraton Performance Polymers directors breached their fiduciary duties.
Kraton Performance Polymers Inc reported that its annual Total Revenue declined from over $1.42 billion in 2012 to over $1.23 billion in 2014 while its Net Loss in 2012 of $16.19 million turned into a Net Income in 2014 of $2.38 million.
Shares of Kraton Performance Polymers Inc (NYSE:KRA) declined from $24.29 per share in June, respectively $23.36 per share in October 2015 to as low as $13.35 per share on January 20, 2016.
On February 18, 2016, NYSE:KRA shares closed at $15.16 per share.