Investigation Overview
Company
Security
NYSE: SFS
Summary
March 4, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Smart & Final Stores Inc (NYSE:SFS) was announced over potential breaches of fiduciary duties by certain officers and directors at Smart & Final Stores.
The investigation by a law firm concerns whether certain Smart & Final Stores directors breached their fiduciary duties.
Smart & Final Stores Inc reported that its Total Revenue rose from over $3.04 billion for the 52 weeks period that ended on December 30, 2012 to over $3.53 billion for the 52 weeks period that ended on December 28, 2014 and that its Net Income for those respective timer periods grew from $5.04 million to $33.12 million.