Investigation Overview
Company
Security
NASDAQ: MYRG
Summary
August 31, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of MYR Group Inc (NASDAQ:MYRG) was announced over potential breaches of fiduciary duties by certain officers and directors at MYR Group.
The investigation by a law firm concerns whether certain MYR Group directors breached their fiduciary duties and caused damage to the company and its shareholders.
MYR Group Inc reported that its annual Total Revenue rose from $943.97 million in 2014 to over $1.06 billion in 2015 while its Net Income declined from $36.54 million in 2014 to $27.30 million in 2015.