San Diego, CA -- (SBWire) -- 10/22/2015 --An investigation on behalf of current long-term investors in shares of ARRIS Group, Inc. (NASDAQ:ARRS) shares was announced over potential breaches of fiduciary duties by certain officers and directors at ARRIS Group, Inc.
Investors who purchased shares of ARRIS Group, Inc. (NASDAQ:ARRS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain ARRIS Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
ARRIS Group, Inc. reported that its annual Total Revenue rose from over $3.62 billion in 2013 to over $5.32 billion in 2014 and that its Net Loss of $48.76 million in 2013 turned into a Net Income of $327.21 million in 2014.
Shares of ARRIS Group, Inc. (NASDAQ:ARRS) grew from $24.70 per share in October 2014 to as high as $37.30 per share in April 2015.
Since then NASDAQ:ARRS shares lost substantial value. In fact, shares of ARRIS Group, Inc. (NASDAQ:ARRS) declined to as low as $24.46 per share on August 24, 2015.
On October 21, 2015, NASDAQ:ARRS shares closed at $28.26 per share.
Those who purchased shares of ARRIS Group, Inc. 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
ARRIS Group, Inc. (NASDAQ:ARRS) Shareholder Alert: Investigation Concerning Possible Wrongdoing
An investigation on behalf of investors in ARRIS Group, Inc. (NASDAQ:ARRS) shares over potential wrongdoing at ARRIS Group, Inc. was announced and NASDAQ:ARRS stockholders should contact the Shareholders Foundation.