An investigation on behalf of investors in Regis Corporation (NYSE:RGS) shares over potential wrongdoing at Regis Corporation was announced and NYSE:RGS stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 09/23/2016 -- An investigation was announced for investors in shares of Regis Corporation (NYSE:RGS) was announced over potential breaches of fiduciary duties by certain directors at Regis Corporation.
Investors who purchased shares of Regis Corporation (NYSE:RGS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Regis Corporation officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Regis Corporation reported that its Total Revenue declined from $1.83 billion for the 12 months period that ended on June 30, 2015 to over $1.79 billion for the 12 months period that ended on June 30, 2016 and that its Net Loss declined from $33.84 million to $11.32 million.
Shares of Regis Corporation (NYSE:RGS) declined from $18.04 per share in November 2015 to as low as $12.09 per sdhare on June 29, 2016.
On September 21, 2016, NYSE:RGS shares closed at $12.43 per share.
Those who purchased shares of Regis Corporation have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com