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If you purchased shares of VOXX International Corp (NASDAQ:VOXX), you have certain options and you should contact the Shareholders Foundation, Inc.
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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
April 29, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of VOXX International Corp (NASDAQ:VOXX) concerning whether certain VOXX International) officers and directors possibly breached their fiduciary duties in connection with certain statements was announcd.
The investigation by a law firm concerns whether certain VOXX International officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
VOXX International Corp reported that its Total Revenue rose from $707.06 million for the 12 months period that ended on February 29, 2012 to $835.58 million for the 12 months period that ended on February 28, 2013, while its respective Net Income declined from $25.65 million to $22.49 million.
Shares of VOXX International Corp (NASDAQ:VOXX) grew rom $2.32 per share in March 2009 to as high as $16.99 per share on Jan. 7, 2014.
Then on January 8, 2014, VOXX International Corp reported its Fiscal 2014 third quarter results.
Shares of VOXX International Corp declined from almost $17 per share on January 7, 2014, to $13.56 per are on January 27, 2014 and continued to decline to $11.77 per share on April 29, 2014.
