Investigation Overview
Company
Security
NYSE: NRG
Summary
May 08, 2012 (Shareholders Foundation) -- Certain officers and directors at NRG Energy Inc are currently under investigation in connection with Medicaid programs.
The investigation by a law firm concerns whether certain directors and officers at Universal NRG Energy Inc (NYSE:NRG) owed to NYSE:NRG stockholder.
NRG Energy Inc reported that its annual Revenue rose from $6.88billion in 2008 to $9.07billion in 2011. However its Net Income fell from $1.22billion in 2008 to $197million in 2011 and NYSE:NRG shares declined from almost $29 in fall 2009 to as low as$14.34 per share on April 16, 2012.