Investigation Overview
Company
Security
NYSE: WAT
Summary
August 25, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of Waters Corporation (NYSE:WAT) was announced over potential breaches of fiduciary duties by certain officers and directors at Waters.
The investigation by a law firm concerns whether certain Waters Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.
Milford, MA based Waters Corporation is an analytical instrument manufacturer. Waters Corporation reported that its annual Total Revenue rose from over $2.04 billion in 2015 to over $2.16 billion in 2016 and that its Net Income increased from $469.05 million in 2015 to $521.50 million in 2016.