Energy News / Shareholders Foundation, Inc.

Envirostar Inc (NYSEAMERICAN:EVI) Investor Investigation over Potential Wrongdoing

Via: ReleaseWire

Updated 11:05 AM CST, Fri, November 17,2017

An investigation on behalf of investors in Envirostar Inc (NYSEAMERICAN:EVI) shares over potential wrongdoing at Envirostar Inc was announced and NYSEAMERICAN:EVI stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 11/17/2017 -- An investigation was announced for investors in shares of Envirostar Inc (NYSEAMERICAN:EVI) was announced over potential breaches of fiduciary duties by certain directors.

Investors who purchased shares of Envirostar Inc (NYSEAMERICAN:EVI) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Envirostar directors breached their fiduciary duties.

Miami, FL based EnviroStar, Inc., through its subsidiary, Steiner-Atlantic Corp., distributes commercial and industrial laundry and dry cleaning equipment, and steam and hot water boilers manufactured by others; supplies replacement parts and accessories, and provides maintenance services to its customers, and designs and plans turnkey laundry, dry cleaning and boiler systems for its institutional, retail, industrial and commercial customers. Envirostar Inc reported that its Total Revenue rose from $36.02 million for the 12 months period that ended on June 30, 2016 to $93.98 million for the 12 months period that ended on June 30, 2017 and that its Net Income increased from $1.74 million to $3.17 million over those time periods.

Those who purchased shares of Envirostar Inc (NYSEAMERICAN:EVI), 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/envirostar-inc-nyseamericanevi-investor-investigation-over-potential-wrongdoing-894045.htm

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