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WestRock Co (NYSE:WRK) Investor Investigation Over Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of WestRock Co (NYSE:WRK) and currently hold any of those NYSE:WRK shares, 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
WestRock Co
Security
NYSE: WRK

Summary

April 4, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of WestRock Co (NYSE:WRK) was announced over potential breaches of fiduciary duties by certain officers and directors at WestRock Co.

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

Norcross, GA based WestRock Company is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. WestRock Co reported that its Total Revenue rose from over $11.12 billion for the 12 months period that ended on September 30, 2015 to over $14.17 billion for the 12 months period that ended on September 30, 2016 and that its Net Income of $507.10 million for the 12 months period that ended on September 30, 2015 declined to a Net Loss of $396.30 million for the 12 months period that ended on September 30, 2016.

Shares of WestRock Co (NYSE:WRK) rose from $31.56 per share in February 2016 to as high as $55.62 per share in Janaury 2017.

On April 4, 2017, NYSE:WRK shares closed at $51.55 per share.

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