Energy News / Shareholders Foundation, Inc.

NYSE: AINC Investor Alert: Investigation over Potential Wrongdoing at Ashford Inc.

Via: ReleaseWire

Updated 2:00 PM CDT, Fri, May 18,2018

An investigation on behalf of investors in Ashford Inc. (NYSE: AINC) shares over potential wrongdoing at Ashford Inc. was announced.

San Diego, CA -- (SBWIRE) -- 05/18/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Ashford Inc.

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

Dallas, TX based Ashford Inc. reported that its annual Total Revenue rose from $67.6 million in 2016 to $81.57 million in 2017 and that its Net Loss increased from $2.39 million in 2016 to $18.35 million in 2017.

Shares of Ashford Inc. (NYSE: AINC) reached $111 per share in November 2017.

On May 17, 2018, NYSE: AINC shares closed at $80.94 per share.

Those who purchased shares of Ashford Inc. (NYSE: AINC), 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/nyse-ainc-investor-alert-investigation-over-potential-wrongdoing-at-ashford-inc-980601.htm

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