Investigation Overview
Company
Security
NASDAQ: SYNT
Summary
May 18, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Syntel, Inc. (NASDAQ:SYNT) was announced.
The investigation by a law firm concerns whether certain Syntel officers and directors breached their fiduciary duties.
Syntel, Inc. reported that its annual Total Revenue rose from $723.90 million in 2012 to $968.61 million in 2015 and that its Net Income increased from $185.54 million to $252.53 million in 2015.
Shares of Syntel, Inc. (NASDAQ:SYNT) closed on May 17, 2016 at $42.21 per share.