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Regis Corporation (NYSE:RGS) Investor Investigation Concerning Potential Wrongdoing Annoucned

  • If you purchased shares of Regis Corporation (NYSE:RGS), you have certain options and you should 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
Regis Corporation
Security
NYSE: RGS

Summary

September 21, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Regis Corporation (NYSE:RGS) was announced over potential breaches of fiduciary duties by certain officers and directors at Regis Corporation.

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

Regis Corporation reported that its Total Revenue declined from $1.83 billion for the 12 months period that ended on June 30, 2015 to over $1.79 billion for the 12 months period that ended on June 30, 2016 and that its Net Loss declined from $33.84 million to $11.32 million.

Shares of Regis Corporation (NYSE:RGS) declined from $18.04 per share in November 2015 to as low as $12.09 per sdhare on June 29, 2016.

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