Shareholders Foundation, Inc.

Investigation for Investors in Shares of Caterpillar Inc. (NYSE:CAT) Announced

An investigation on behalf of investors in Caterpillar Inc. (NYSE:CAT) shares over potential wrongdoing at Caterpillar Inc. was announced.

 

San Diego, CA -- (SBWIRE) -- 05/08/2017 -- The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of Caterpillar Inc. (NYSE:CAT) was launched over potential breaches of fiduciary duties by certain directors at Caterpillar Inc.

Investors who purchased shares of Caterpillar Inc. (NYSE:CAT) and currently hold any of those NYSE:CAT shares 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 Caterpillar directors breached their fiduciary duties and caused damage to the company and its shareholders.

Caterpillar Inc. reported that its annual Total Revenue declined from over $47.01 billion in 2015 to over $38.53 billion in 2016 and that its Net Income of over $2.51 billion in 2015 fell to a Net loss of $67 million in 2016. Shares of Caterpillar Inc. (NYSE:CAT) grew from under $60 per share in early 2016 to as high as $105.98 per share on April 26, 2017.

On May 5, 2017, NYSE:CAT shares closed at $99.64 per share.

Those who purchased shares of Caterpillar Inc. 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