San Diego, CA -- (SBWire) -- 02/25/2022 --An investigation was announced for investors in shares of LSI Industries Inc. (NASDAQ: LYTS) over potential breaches of fiduciary duties by certain officers and directors at LSI Industries Inc.
Investors who purchased shares of LSI Industries Inc. (NASDAQ: LYTS) 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 LSI Industries Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Cincinnati, OH based LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America.
LSI Industries Inc. reported that its Total Revenue rose from $305.55 million for the 12 months period that ended on June 30, 2020, to $315.61 million for the 12 months periods that ended on June 30, 2021, and that its Net Income declined over those respective time periods from $9.59 million to $5.86 million.
Shares of LSI Industries Inc. (NASDAQ: LYTS) closed on February 24, 2022, at $6.56 per share.
Those who purchased shares of LSI Industries Inc. (NASDAQ: LYTS), 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.
NASDAQ: LYTS Shareholder Notice: Investigation over Potential Wrongdoing at LSI Industries Inc.
An investigation on behalf of investors in LSI Industries Inc. (NASDAQ: LYTS) shares over potential wrongdoing at LSI Industries Inc. was announced.