Investigation Overview
Company
Security
NYSE: MMS
Summary
June 21, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of MAXIMUS, Inc. (NYSE:MMS) was announced over potential breaches of fiduciary duties by certain officers and directors at MAXIMUS.
The investigation by a law firm concerns whether certain MAXIMUS, Inc. (NYSE:MMS officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
MAXIMUS, Inc. reported that its Total Revenue rose from over $2.09 billion for the 12 months period that ended on September 30, 2015 to over $2.4 billion for the 12 months period that ended on September 30, 2016 and that its Net Income for those respective time frames increased from $157.77 million to $178.36 million.