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If you purchased shares of Resolute Forest Products Inc (NYSE:RFP) and currently hold any of those NYSE:RFP 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
April 10, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Resolute Forest Products Inc (NYSE:RFP) was announced over potential breaches of fiduciary duties by certain officers and directors at Resolute Forest Products Inc.
The investigation by a law firm concerns whether certain Resolute Forest Products officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Resolute Forest Products Inc reported that its annual Total Revenue declined from over $4.25 billion in 2014 to over $3.54 billion in 2016 while its respective Net Loss declined from $277 million to $81 million.
Shares of Resolute Forest Products Inc (NYSE:RFP) declined from over $21.45 per share in February 2014 to as low as $3.95 per share in November 2016.
