Energy News / Shareholders Foundation, Inc.

First Foundation Inc (NASDAQ:FFWM) Investor Investigation over Potential Wrongdoing

Via: ReleaseWire

Updated 10:17 AM CST, Thu, November 16,2017

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

San Diego, CA -- (SBWIRE) -- 11/16/2017 -- An investigation on behalf of investors in NASDAQ:FFWM shares was announced over potential breaches of fiduciary duties by certain directors at First Foundation Inc.

Investors who purchased shares of First Foundation Inc (NASDAQ:FFWM) 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 First Foundation Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

Irvine, CA based First Foundation Inc. is a financial services holding company that provides a platform of personalized financial services to high net-worth individuals and their families, family businesses and other affiliated organizations. First Foundation Inc reported that its Net Income increased from $13.38 million in 2015 to $23.30 million in 2016.

Shares of First Foundation Inc (NASDAQ:FFWM) grew from $14.74 per share in March 2017 to as high as $19.67 per share on October 26, 2017.

On November 15, 2017, NASDAQ:FFWM shares closed at $17.72 per share

Those who purchased shares of First Foundation Inc (NASDAQ:FFWM), 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/first-foundation-inc-nasdaqffwm-investor-investigation-over-potential-wrongdoing-893400.htm

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