Investigation Overview
November 05, 2015 (Shareholders Foundation) - An investigation on behalf of investors in shares of Starwood Waypoint Residential Trust (NYSE:SWAY) was announced over potential breaches of fiduciary duties by certain officers and directors at Starwood Waypoint Residential Trust.
The investigation by a law firm concerns whether certain Starwood Waypoint Residential Trust (NYSE:SWAY officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Starwood Waypoint Residential Trust reported that its annual Total Revenue rose from $30.87 million in 2013 to $142.86 million in 2014 and that its Net Loss increased from $23.42 million in 2013 to $43.70 million in 2014.
Shares of Starwood Waypoint Residential Trust (NYSE:SWAY) traded in early 2014 as high as $29.25 per share and declined in September 2015 to $22.73 per share.