An investigation on behalf of investors in Cullen/Frost Bankers, Inc. (NYSE: CFR) shares over potential wrongdoing at Cullen/Frost Bankers, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 02/01/2019 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Cullen/Frost Bankers, Inc.
Investors who purchased shares of Cullen/Frost Bankers, Inc. (NYSE: CFR) and currently hold any of those NYSE: CFR shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Cullen/Frost Bankers, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Antonio, TX based Cullen/Frost Bankers, Inc. operates as the holding company for Frost Bank that offers commercial and consumer banking services in Texas.
Cullen/Frost Bankers, Inc. reported that its annual Total Revenue rose from over $1.07 billion in 2016 to over $1.16 billion in 2017 and that its Net Income increased from $304.26 million in 2016 to $364.14 million in 2017.
Shares of Cullen/Frost Bankers, Inc. (NYSE: CFR) declined from $119.66 per share in May 2018 to as low as $85.05 per share in December 2018.
Those who purchased shares of Cullen/Frost Bankers, Inc. (NYSE: CFR), have certain options and should contact the Shareholders Foundation.
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