Investigation Overview
January 13, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of NCI Building Systems Inc (NYSE:NCS) shares was announced over potential breaches of fiduciary duties by certain officers and directors at NCI Building Systems.
The investigation by a law firm concerns whether certain NCI Building Systems officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
NCI Building Systems Inc reported that its Total Revenue rose from over $1.3 billion for the 12 months period that ended on Nov. 3, 2013 to over $1.37 billion for the 12 months period that ended on Nov. 2, 2014 and that its Net Loss of $12.88 million for the 12 months period that ended on Nov. 3, 2013 increased to a Net Income of $11.19 million for the 12 months period that ended on Nov. 2, 2014.
Shares of NCI Building Systems Inc (NYSE:NCS) grew from $11.75 per share in September 2013 to as high as $20.51 per share in September 2014.