Investigation Overview
March 18, 2014 (Shareholders Foundation) - An investigation on behalf of investors in Verisk Analytics, Inc. (NASDAQ:VRSK) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Verisk Analytics, Inc.
The investigation by a law firm concerns whether certain Verisk Analytics officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Verisk Analytics, Inc. reported that its annual Total Revenue rose from over $1.02 billion in 2009 to over $1.53 billion in 2012 and thart its respective Net Income for those time periods increased from $126.61 million to $329.14 million.
Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) grew from $1.64 per share in August 2011 to as high as $68.71 per share in October 2013.
On March 14, 2014, NASDAQ:CRSK shares closed at $62.37 per share.