Shareholders Foundation, Inc.

Gigamon Inc (NYSE:GIMO) Stockholder Investigation Announced

An investigation for investors in shares of Gigamon Inc (NYSE:GIMO) over potential wrongdoing by certain officers and directors was announced and NYSE:GIMO stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (ReleaseWire) -- 01/28/2014 -- An investigation on behalf of investors in shares of Gigamon Inc (NYSE:GIMO) was announced concerning whether certain Gigamon officers and directors possibly breached their fiduciary duties.

Investors who purchased shares of Gigamon Inc (NYSE:GIMO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

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

Gigamon Inc reported that its annual Total Revenue rose from $68.11 million in 2011 to $96.72 million in 2012, while its respective Net Income declined from $16.93 million to $7.53 million.

Shares of Gigamon Inc (NYSE:GIMO) declined from $41.54 per share in September 2013 to as low as $25.46 per share in December 2013.

On January 27, 2014, NYSE:GIMO shares closed at $30.21 per share

Those who purchased shares of Gigamon Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Jacob Rosenfeld
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com