Investigation Overview
January 30, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of MWI Veterinary Supply, Inc. (NASDAQ:MWIV) was initiated concerning whether certain MWI Veterinary Supply officers and directors possibly breached their fiduciary duties in connection with certain statements.
The investigation by a law firm concerns whether certain MWI Veterinary Supply officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
MWI Veterinary Supply, Inc. reported that its Total Revenue rose from over $1.22 billion for the 12 months period that ended on Sept. 30, 2010 to over $2.34 billion for the 12 months period that ended on Sept. 30, 2013 and that its respective Net Income rose from $33.44 million to $62.85 million.
Shares of MWI Veterinary Supply, Inc. (NASDAQ:MWIV) grew from $23.22 per share in early 2009 to as high as $182.65 per share on Jan 28, 2014.