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If you purchased shares of Superior Energy Services, Inc. (NYSE:SPN), 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
April 07, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Superior Energy Services, Inc. (NYSE:SPN) was announced over potential breaches of fiduciary duties by certain officers and directors at Superior Energy Services.
The investigation by a law firm concerns whether certain Superior Energy Services officers and directors breached their fiduciary duties.
Superior Energy Services, Inc. reported that its annual Total Revenue declined from over $4.55 billion in 2014 to over $2.77 billion in 2015 and that its Net Income of $257.82 million in 2014 declined to a Net Loss of $1.85 billion in 2015.
Shares of Superior Energy Services, Inc. (NYSE:SPN) declined from $36.67 per share in June 2014 to as low as $8.25 per share in February 2016.
