An investigation on behalf of investors in Arrow Financial Corporation (NASDAQ: AROW) shares over potential wrongdoing at Arrow Financial Corporation was announced and (NASDAQ: AROW stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/15/2019 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Arrow Financial.
Investors who purchased shares of Arrow Financial Corporation (NASDAQ: AROW) 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 whether certain Arrow Financial directors breached their fiduciary duties and caused damage to the company and its shareholders.
Arrow Financial Corporation reported that its annual Total Revenue rose from $102.56 million in 2017 to $110.36 million in 2018 and that its Net Income increased from $29.32 million in 2017 to $36.27 million in 2018.
Shares of Arrow Financial Corporation (NASDAQ: AROW) declined from $38.83 per share in August 2018 to as low as $30.52 per share in December 2018.
On May 14, 2019, NASDAQ: AROW shares closed at $33.53 per share.
Those who purchased shares of Arrow Financial Corporation (NASDAQ: AROW), 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
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.