San Diego, CA -- (SBWIRE) -- 11/14/2018 -- An investigation was announced for investors in shares of NiSource Inc. (NYSE: NI) over potential breaches of fiduciary duties by certain directors at NiSource Inc.

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

Merrillville, IN based NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. NiSource Inc. reported that its annual Total Revenue rose from over $4.49 billion in 2016 to over $4,87 billion in 2017 and that its Net Income declined from $331.5 million in 2016 to $128.5 million in 2017.

On September 13, 2018, dozens of gas pipe explosions occurred in the Merrimack Valley in Massachusetts causing several injuries and one death.

On November 1, 2018, NiSource Inc. disclosed that the Company and Columbia "are subject to a criminal investigation being conducted under the supervision of the U.S. Attorney's Office for the District of Massachusetts", and that initial grand jury subpoenas were served on both entities on September 24, 2018

Those who purchased shares of NiSource Inc. (NYSE: NI) 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.