An investigation on behalf of investors in NASDAQ:MNST shares over potential wrongdoing at Monster Beverage Corporation was announced and NASDAQ:MNST stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 09/23/2016 -- An investigation on behalf of investors in shares of Monster Beverage Corporation was announced over potential breaches of fiduciary duties by certain officers and directors.
Investors who purchased shares of Monster Beverage Corporation (NASDAQ:MNST) 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 Monster Beverage Corporation officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Monster Beverage Corporation reported that its annual Total Revenue rose from over $2.46 billion in 2014 to over $2.72 billion in 2015 and that its Net Income grew from $483.19 million to $546.73 million. Shares of Monster Beverage Corporation (NASDAQ:MNST) declined from $162.52 per share in August 2106 to as low as $142.31 per share on September 14, 2106.
On September 22, 2016, NASDAQ:MNST shares closed at $148.94 per share.
Those who purchased shares of Monster Beverage 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