Energy News / Shareholders Foundation, Inc.

NYSEAMERICAN:AIRI Investor News: Investigation over Potential Wrongdoing at Air Industries Group Inc

Via: ReleaseWire

Updated 11:45 AM CDT, Wed, October 18,2017

An investigation on behalf of investors in Air Industries Group Inc (NYSEAMERICAN:AIRI) shares over potential wrongdoing at Air Industries Group Inc was announced.

San Diego, CA -- (SBWIRE) -- 10/18/2017 -- An investigation was announced for investors in shares of Air Industries Group Inc (NYSEAMERICAN:AIRI) over potential breaches of fiduciary duties by certain directors at Air Industries Group.

Investors who purchased shares of Air Industries Group Inc (NYSEAMERICAN:AIRI) 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 Air Industries Group Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

Hauppauge, NY based Air Industries Group is an aerospace and defense company that manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines and other components. Air Industries Group Inc reported that its annual Total Revenue declined from $80.44 million in 2015 to $66.92 million in 2016 and its Net Loss increased from $0.83 million in 2015 to $15.62 million in 2016.

Those who purchased shares of Air Industries Group Inc (NYSEAMERICAN:AIRI), 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/nyseamericanairi-investor-news-investigation-over-potential-wrongdoing-at-air-industries-group-inc-879285.htm

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