An investigation on behalf of investors in Lee Enterprises, Incorporated (NYSE: LEE) shares over potential wrongdoing at Lee Enterprises, Incorporated was announced.
San Diego, CA -- (SBWIRE) -- 04/02/2020 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Lee Enterprises, Incorporated.
Investors who purchased shares of Lee Enterprises, Incorporated (NYSE: LEE) 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 Lee Enterprises, Incorporated directors breached their fiduciary duties and caused damage to the company and its shareholders.
Davenport, IA based Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. Lee Enterprises, Incorporated reported that its Total Revenue declined from $543.95 million for the 12 months period that ended on September 30, 2018, to as low as $509.85 million for the 12 months period that ended on September 30, 2019, and that its Net Income declined from $45.76 million to $14.26 million over those respective time periods.
Shares of Lee Enterprises, Incorporated (NYSE: LEE) declined from $3.69 per share in March 2019 declined to $0.85 per share on March 23, 2020.
Those who purchased shares of Lee Enterprises, Incorporated (NYSE: LEE), 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.