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NiSource Inc. (NYSE:NI) Investor Investigation Announced

  • If you purchased shares of NiSource Inc. (NYSE:NI), you may have certain options. Please contact the Shareholders Foundation, Inc.

  • 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

Company
NiSource Inc
Security
NYSE: NI

Summary

April 13, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of NiSource Inc. (NYSE:NI) was announced over potential breaches of fiduciary duties by certain officers and directors at NiSource.

The investigation by a law firm concerns whether certain NiSource officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

NiSource Inc. reported that its annual Total Revenue declined from over $5.25 billion in 2014 to over $4.47 billion in 2016 and that its Net Income declined from $530 million in 2014 to $331.50 million in 2016.

Shares of NiSource Inc. (NYSE:NI) declined from $48.05 per share in June 2015 to as low as $16.17 per share in September 2015.

On April 13, 2017, NYSE:NI shares closed at $23.78 per share.

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