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If you purchased shares of Prestige Brands Holdings, Inc. (NYSE:PBH) and currently hold any of those NYSE:PBH shares, 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
July 18, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Prestige Brands Holdings, Inc. (NYSE:PBH) was announced over potential breaches of fiduciary duties by certain officers and directors at Prestige Brands Holdings.
The investigation by a law firm concerns whether certain Prestige Brands Holdings officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Prestige Brands Holdings, Inc. reported that its Total Revenue rose from $597.38 million for the 12 months period that ended on March 31, 2014 to $806.25 million for the 12 months period that ended on March 31, 2016 and that its respective Net Income increased from $72.61 million to $99.91 million. Shares of Prestige Brands Holdings, Inc. (NYSE:PBH) grew from $30.50 per share in October 2014 to as high as $57.60 per share in May 2016.
