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If you purchased shares of Multi-Color Corporation (NASDAQ:LABL), you have certain options and you should contact the Shareholders Foundation, Inc.
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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
August 28, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Multi-Color Corporation (NASDAQ:LABL) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Multi-Color.
The investigation by a law firm concerns whether certain Multi-Color officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Shares of Multi-Color Corporation (NASDAQ:LABL) grew from $18.11 per share in June 2012 to as high as $70.92 per share on March 20, 2015.
Multi-Color Corporation reported that its Total Revenue rose from $706.43 million for the 52 weeks period that ended on March 31, 2014 to $810.77 million for the 52 weeks period that ended on March 31, 2015 and that its respective Net Income increased from $28.22 million to $45.72 million.
In June 2015 NASDAQ:LABL shares declined to as low as $57.12 per share.
