An investigation on behalf of current long term investors in shares of Masco Corporation (NYSE: MAS) concerning possible breaches of fiduciary duties related to potential excessive compensation that was awarded to certain senior officers and executives at Masco Corp. was announced.

The investigation by a law firm focuses on whether the directors and officers of Masco Corporation harmed the company by breaching their fiduciary duties to shareholders. In particular the investigation on behalf of current long term investors in Masco (MAS) focuses on possible shareholder claims that certain of Mascos senior officers and executive were unjustly enriched through their receipt of unwarranted, excessive or unearned compensation in past years.

Mascos CEO earned a total of $10.058million in 2010, its CFO $2.45million, and its COO $4.847million.

However, Mascos shareholders recently expressed their disdain for executive pay packages by voting no on Masco Corporation's say on pay provision. Masco Corporation received only 45 % support for its pay practices at its May 10 annual meeting, according to a company filing.

The investigation concerns possible claims that the prior compensation awarded at Masco Corp. is improper based upon its current operating condition.

Mascos 12months Total Revenue declined from $11.413billion in 2007 to $7.592billion in 2010. Its Net Income of $386million for 2007 fell to a Net Loss of $1,043million in 2010. For the first quarter in 2011 Masco Corp. reported lower quarterly Revenue of $1.772billion compared to $1.852billion a year earlier. Its quarterly Net Loss rose from $7million for the first quarter in 2010 to $46million in the first quarter in 2011.

Even though shares of Masco Corporation (Public, NYSE:MAS) increased from as low as $3.90 in March 09 to $18.35 in April, respectively $12.35 per share recently, NYSE MAS stock had fallen before from as high as $33.93 per share in February 2007.

The investigation seeks to determine whether certain senior officers and executives at Masco Corporation were awarded salaries, bonuses, stock options and other forms of long-term, incentive or retirement compensation that were excessive or unwarranted based on the Mascos performance as compared to what senior officers and executives at comparable companies were making and/or results that were fraudulent, misleading or not long-lasting.

Finally the investigation focuses also on possible shareholder claims that would allow Masco Corp. (MAS) stockholders to more efficiently influence or control future compensation decisions at Masco Corporation.