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Tutor Perini Corp (NYSE:TPC) Investor Investigation Announced

  • If you are a current long-term stockholder in shares of Tutor Perini Corp (NYSE:TPC), 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
Tutor Perini Corporation
Security
NYSE: TPC

Summary

October 15, 2013 (Shareholders Foundation) - An investigation on behalf of investors in shares of Tutor Perini Corp (NYSE:TPC) was announced concerning whether certain Tutor Perini officers and directors possibly breached their fiduciary duties in connection with certain statements.

The investigation by a law firm concerns, among other things, whether certain Tutor Perini officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by failing to implement adequate internal controls.

Tutor Perini Corp (NYSE:TPC) reported that its annual Total Revenue increased from over $3.71 billion in 2011 to over $4.11 billion in 2012 while its respective Net Income declined from $86.15 million in 2011 to a Net loss of $265.40 million in 2012.

Shares of Tutor Perini Corp. (NYSE:TPC) traded during April 2011 as high as $26.66 per share and declined in late 2012 to as low as $10.08 per share.

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