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Vince Holding Corp (NYSE:VNCE) Investor Investigation Over Potential Breaches Of Fiduciary Duties Announced

  • If you purchased shares of Vince Holding Corp (NYSE:VNCE) 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
Vince Holding Corp
Security
NYSE: VNCE

Summary

March 09, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Vince Holding Corp (NYSE:VNCE) was announced over potential breaches of fiduciary duties by certain officers and directors at Vince Holding Corp.

The investigation by a law firm concerns whether certain Vince Holding officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
New York based Vince Holding Corp is a United States-based company, which offers a range of women's and men's apparel, women's and men's footwear, and handbags.

Vince Holding Corp reported that its Total Revenue declined from $340.40 million for the 52 weeks period that ended on January 31, 2015 to $302.46 million for the 52 weeks period that ended on Janaury 30, 2016 and that its Net Income for those time periods fell from $35.72 million to $5.10 million.

Shares of Vince Holding Corp (NYSE:VNCE) declined from $37.65 per share in June 2014 to as low as $1.70 per share on February 28, 2017.

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