San Diego, CA -- (ReleaseWire) -- 01/14/2014 -- An investigation on behalf of investors in shares of Textura Corp (NYSE:TXTR) was announced concerning potential breaches of fiduciary duties by certain officers and directors of Textura.
Investors who are current long term investors in Textura Corp (NYSE:TXTR) shares, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns, among other things, whether certain Textura officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On December 26, 2013, a report was published alleging that fraud, collusion and deception were involved in the IPO of Textura and its filings with the Securities and Exchange Commission.
Shares of Textura Corp responded to the report and said that it finds this report to include a variety of inaccurate and misleading statements and gross distortions and that it completely rejects any allegation of fraud, collusion or deception in its IPO or SEC filings.
Shares of Textura Corp declined from $41.16 per share on December 20, 2013 to $28.50 per share on December 27, 2013 and continued to decline to as low as $25.59 per share on January 8, 2014.
On January 10, 2014, NYSE:TXTR shares closed at $28.12 per share.
Those who purchased shares of Textura Corp have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego