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Steven Madden, Ltd. (NASDAQ:SHOO) Investor Investigation Over Potential Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Steven Madden, Ltd. (NASDAQ:SHOO), 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
Steven Madden, Ltd
Security
NASDAQ: SHOO

Summary

June 16, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Steven Madden, Ltd. (NASDAQ:SHOO) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Steven Madden.

The investigation by a law firm concerns whether certain Steven Madden officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Steven Madden, Ltd. reported that its annual Total Revenue rose from over $1.31 billion in 2013 to over $1.33 billion in 2014 while its Net Income of $132.01 million in 2013 declined to $111.88 million in 2014. Shares of Steven Madden, Ltd. (NASDAQ:SHOO) grew from $28.87 per share in October 2014 to as high as $41.52 per share in April 2015.

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