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Masimo Corporation (NASDAQ:MASI) Investor Investigation Over Potential Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Masimo Corporation (NASDAQ:MASI), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Masimo Corporation
Security
NASDAQ: MASI

Summary

March 7, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Masimo Corporation (NASDAQ:MASI) was announced over potential breaches of fiduciary duties by certain officers and directors at Masimo.

The investigation by a law firm concerns whether certain Masimo Corporation (NASDAQ:MASI officers and directors breached their fiduciary duties.

Masimo Corporation reported that its Total Revenue rose from $547.25 million for the 52 weeks period that ended on December 28, 2013 to $630.11 million for the 52 weeks period that ended on January 1, 2016 and that its Net Income increased from $58.38 million to $83.30 million.

Shares of (NASDAQ:MASI) grew from $20.99 per share in September 2014 to $43.12 per share in November 2015.

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