San Diego, CA -- (SBWire) -- 07/14/2016 --An investigation on behalf of current long-term investors in NYSE:GGP shares was announced over potential breaches of fiduciary duties by certain General Growth Properties directors.
Investors who purchased shares of General Growth Properties Inc (NYSE:GGP) and currently hold any of those NYSE:GGP shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain General Growth Properties directors breached their fiduciary duties and caused damage to the company and its shareholders.
General Growth Properties Inc reported that its annual Total Revenue declined from over $2.53 billion in 2014 to over $2.4 billion in 2015 and that its Net Income increased from $665.85 million in 2014 to over $1.37 billion in 2015. Shares of General Growth Properties Inc (NYSE:GGP) grew from $19.12 per share in September 2013 to as high as $31.05 per share in January 2015.
On July 13, 2016, NYSE:GGP shares closed at $31.16 per share.
Those who purchased shares of General Growth Properties 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
Investor Investigation of General Growth Properties Inc (NYSE:GGP) Concerning Potential Wrongdoing
An investigation on behalf of investors in General Growth Properties Inc (NYSE:GGP) shares over potential wrongdoing at General Growth Properties was announced and NYSE:GGP stockholders should contact the Shareholders Foundation.