Investigation Overview
March 10, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of NRG Yield, Inc. Class A (NYSE:NYLD.A) was announced over potential breaches of fiduciary duties by certain officers and directors at NRG Yield, Inc. The investigation by a law firm concerns whether certain NRG Yield, Inc officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
NRG Yield, Inc reported that its annual Total Revenue increased from $387 million in 2013 to $869 million in 2015 while its Net Income declined from $81 million to $13 million. Shares of NRG Yield, Inc. Class A (NYSE:NYLD.A) declined from $26.50 per share in May 2015 to as low as $9.83 per share on February 12, 2016.