Investigation Overview
August 3, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Lawson Products, Inc. (NASDAQ:LAWS) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Lawson Products.
The investigation by a law firm concerns whether certain Lawson Products officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Lawson Products, Inc. reported that its annual Total Revenue rose from $269.50 million in 2013 to $285.69 million in 2014 and that its respective Net Loss declined from $5.12 million to $4.37 million. Shares of Lawson Products, Inc. (NASDAQ:LAWS) grew from $5.97 per share in September 2012 to as high as $28.56 per share on July 24, 2015.