Energy News / Shareholders Foundation, Inc.

Clarus Corp (NASDAQ:CLAR) Investor Investigation Announced

Via: ReleaseWire

Updated 11:45 AM CDT, Wed, September 06,2017

An investigation on behalf of investors in Clarus Corp (NASDAQ:CLAR) shares over potential wrongdoing at Clarus Corp was announced and NASDAQ:CLAR stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 09/06/2017 -- An investigation on behalf of investors in shares of Clarus Corp (NASDAQ:CLAR) was announced over potential breaches of fiduciary duties by certain directors at Clarus.

Investors who purchased shares of Clarus Corp (NASDAQ:CLAR) 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 Clarus Corp directors breached their fiduciary duties.

Salt Lake City, UT based Clarus Corporation, formerly Black Diamond, Inc., through its ownership of Black Diamond Equipment, Ltd., is engaged in designing, manufacturing and marketing of active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing and a range of other year-round outdoor recreation activities. Clarus Corp reported that its annual Total Revenue declined from $155.27 million in 2015 to $148.19 million in 2016 and that its Net Loss declined from $88.11 million in 2015 to $8.98 million in 2016.

Shares of Clarus Corp (NASDAQ:CLAR) grew from $4.21 per share in July 2016 to as high as $7.60 per share on September 5, 2017.

Those who purchased shares of Clarus Corp (NASDAQ:CLAR), 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

For more information on this press release visit:
http://www.sbwire.com/press-releases/clarus-corp-nasdaqclar-investor-investigation-announced-859442.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com