An investigation on behalf of investors in Evolent Health Inc (NYSE:EVH) shares over potential wrongdoing at Evolent Health was announced and NYSE:EVH stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/11/2016 -- An investigation for shareholders in Evolent Health Inc (NYSE:EVH) was announced over potential breaches of fiduciary duties by certain directors at Evolent Health.
Investors who purchased shares of Evolent Health Inc (NYSE:EVH) 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 Evolent Health officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Arlington, VA based Evolent Health, Inc. is engaged in the healthcare delivery and payment markets. Evolent Health Inc reported that its annual Total Revenue declined from $100.89 million in 2014 to $96.88 million in 2015 while its Net Loss of $52.26 million in 2014 turned to a Net Income of $332.49 million in 2015.
Shares of Evolent Health Inc (NYSE:EVH) grew from $22.52 per share in August 2015 to as low as $8.14 per share on February 24, 2016.
On April 7, 2016, NYSE:EVH shares closed at $10.82 per share.
Those who purchased shares of Evolent Health Inc (NYSE:EVH) 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