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If you purchased shares of Stewart Information Services Corp (NYSE:STC), 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
September 2, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Stewart Information Services Corp (NYSE:STC) was announced over potential breaches of fiduciary duties by certain officers and directors at Stewart Information Services.
The investigation by a law firm concerns whether certain Stewart Information Services officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Stewart Information Services Corp reported that its annual Total Revenue rose from over $2.87 billion in 2014 to over $2.03 billion in 2015 while its Net Income of $29.75 million in 2014 declined to a Net Loss of $6.20 million in 2015.
Shares of Stewart Information Services Corp (NYSE:STC) grew from $27.42 per share in October 2014 to as high as $48.60 per share on August 15, 2016.
On September 1, 2016, NYSE:STC shares closed at $46.52 per share.
