Energy News / Shareholders Foundation, Inc.

GMS Inc. (NYSE:GMS) Investor Investigation over Potential Wrongdoing

Via: ReleaseWire

Updated 11:30 AM CDT, Fri, August 31,2018

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

San Diego, CA -- (SBWIRE) -- 08/31/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at GMS Inc.

Investors, who purchased shares of GMS Inc. (NYSE: GMS), 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 GMS Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Tucker, GA based GMS Inc. distributes wallboards, suspended ceilings systems, and related construction products in the United States and Canada. GMS Inc. reported that its Total Revenue rose from over $2.31 billion for the 12 months period that ended on April 30, 2017 to over $2.51 billion for the 12 months period that ended on April 30, 2018 and that its Net Income over those respective time periods increased from $48.88 million to $62.97 million.

Shares of GMS Inc. (NYSE: GMS) declined from $39.98 per share in late 2017 to as low as $23.50 per share in late June 2018.

On August 30, 2018, NYSE: GMS shares of $26.86 per share.

Those who purchased shares of GMS Inc. (NYSE: GMS), 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

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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/gms-inc-nysegms-investor-investigation-over-potential-wrongdoing-1039824.htm

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