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Turtle Beach Corp (NASDAQ:HEAR) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of Turtle Beach Corp (NASDAQ:HEAR) and currently hold any of those NASDAQ:HEAR shares, 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
Turtle Beach Corp
Security
NASDAQ: HEAR

Summary

May 25, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Turtle Beach Corp (NASDAQ:HEAR) was announced over potential breaches of fiduciary duties by certain officers and directors at Turtle Beach.

The investigation by a law firm concerns whether certain Turtle Beach Corp (NASDAQ:HEAR officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Turtle Beach Corp reported tat its annual Total Revenue declined from $186.18 million in 2014 to $162.75 million in 2015 and that its Net Loss increased from $15.49 million in 2014 to $82.91 million in 2015.

Shares of Turtle Beach Corp (NASDAQ:HEAR) declined from $3.61 per share in October 2015 to as low as May 9, 2016.

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