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If you purchased shares of Portland General Electric Company (NYSE:POR), you have certain options and you should contact the Shareholders Foundation, Inc.
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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
March 8, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Portland General Electric Company (NYSE:POR) was announced over potential breaches of fiduciary duties by certain officers and directors at Portland General Electric.
The investigation by a law firm concerns whether certain Portland General Electric Company officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Portland General Electric Company reported that its annual Total Revenue rose from over $1.73 billion in 2015 to over $1.93 billion in 2016 and that its Net Income increased from $172.00 milion in 2015 to $193.00 million in 2016.
Shares of Portland General Electric Company (NYSE:POR) grew from $33.32 per share in June 2015 to as high as $46.05 per share on March 2, 2017.
On March 8, 2017, NYSE:POR shares closed at $44.09 per share.
