TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

West Marine, Inc. (NASDAQ:WMAR) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of West Marine, Inc. (NASDAQ:WMAR) and currently hold any of those West Marine, you shares 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
West Marine, Inc.
Security
NASDAQ: WMAR

Summary

May 04, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of West Marine, Inc. (NASDAQ:WMAR) was announced over potential breaches of fiduciary duties by certain officers and directors at West Marine.


The investigation by a law firm concerns whether certain West Marine officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

West Marine, Inc. reported that its Total Revenue rose from $675.75 million for the 53 weeks period that ended on January 3, 2015 to $704.83 million for the 53 weeks period that ended on January 2, 2016 and that its Net Income for those respective time periods increased from $1.95 million to $4.52 million.

Shares of West Marine, Inc. (NASDAQ:WMAR) closed on May 4, 2016, at $9.57 per share.

Start Monitoring Your Investments