Investigation Overview
Company
Security
NYSEMKT: LGL
Summary
June 30, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of LGL Group Inc (NYSEMKT:LGL) was announced over potential breaches of fiduciary duties by certain officers and directors at LGL Group Inc.
The investigation by a law firm concerns whether certain LGL Group officers and directors breached their fiduciary duties.
LGL Group Inc reported that its annual Total Revenue declined from $29.71 million in 2012 to $20.71 million in 2015.
Shares of LGL Group Inc (NYSEMKT:LGL) declined from $4.97 per share in June 2015 to as low as $2.86 per share in March 2016.