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Sears Holdings Corp (NASDAQ:SHLD) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of Sears Holdings Corp (NASDAQ:SHLD) and currently hold any of those NASDAQ:SHLD shares, 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
Sears Holdings Corp.
Security
NASDAQ: SHLD

Summary

June 8, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Sears Holdings Corp (NASDAQ:SHLD) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Sears Holdings.

The investigation by a law firm concerns whether certain Sears Holdings Corp (NASDAQ:SHLD officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Shares of Sears Holdings Corp (NASDAQ:SHLD) declined from as high as $82.55 per share in March 2012 to as low as $24.78 per share in October 2014.

Sears Holdings Corp reported that its Total Revenue declined from over $39.85 billion for the 52 weeks period that ended on February 2, 2013 to over $31.19 billion for the 52 weeks period that ended on January 31, 2015 and that its respective Net Loss increased from $930 million to over $1.68 billion.

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