March 14, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of ManpowerGroup Inc. (NYSE:MAN) was initiated concerning whether certain ManpowerGroup officers and directors possibly breached their fiduciary duties in connection with certain statements.

The investigation by a law firm concerns whether certain ManpowerGroup officers and directors breached their fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment to the Company's 2011 Equity Incentive Plan.

In the Proxy Statement filed by ManpowerGroup Inc. with the Securities and Exchange Commission the Board of Directors recommends that ManpowerGroup's shareholders vote to approve an amendment to the Company's 2011 Equity Incentive Plan which would increase the maximum number of shares authorized for issuance under the plan by 3,500,000 shares and increase the aggregate number of 'full value share awards' available for grant by 2,500,000 shares.

According to the investigation the issuance of the additional shares could have a severe dilutive effect on the shares of ManpowerGroup Inc.

ManpowerGroup Inc. reported that its annual Total Revenue declined from over $20.67 billion in 2012 to over $20.25 billion in 2013 while its respective Net Income increased from $197.60 million to $288.00 million.

Shares of ManpowerGroup Inc. (NYSE:MAN) grew from $33.46 per share in July 2012 to as high as $86.73 per share in January 2014.

On March 14, 2014, NYSE:MAN shares closed at $76.25 per share.