An investigation for investors in NCR Corporation (NYSE:NCR) shares over potential securities laws violations by NCR Corporation was announced and NYSE:NCR stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/06/2015 -- An investigation on behalf of investors of NCR Corporation (NYSE:NCR) shares over potential securities laws violations by NCR Corp. and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of NCR Corporation (NYSE:NCR) 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 focuses on possible claims on behalf of purchasers of the securities of NCR Corporation (NYSE:NCR) concerning whether a series of statements by NCR Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On February 10, 2015, NCR Corporation reported its fourth quarter and full year 2014 results. NCR Corporation reported that its annual Total Revenue rose from over $5.74 billion in 2012 to over $6.59 billion in 2014 and that its respective Net Income declined from $481.00 million to $191 million.
On April 24, 2015, SeekingAlpha published an article which asserts that the Company has, "numerous signs of aggressive accounting" and "NCR's pension folly has resulted in complicated accounting and failed objectives" among other potential business issues. Shares of NCR Corporation (NYSE:NCR) declined on April 30, 2015 to $27.32 per share.
On May 4, 2015, NYSE:NCR shares closed at $28.30 per share.
Those who purchased shares of NCR Corporation (NYSE:NCR) 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