Energy News / Shareholders Foundation, Inc.

NYSE:FLS Investor Notice: Investigation over Potential Wrongdoing at Flowserve Corp

Via: ReleaseWire

Updated 11:15 AM CST, Wed, November 15,2017

An investigation on behalf of investors in Flowserve Corp (NYSE:FLS) shares over potential wrongdoing at Flowserve Corp was announced.

San Diego, CA -- (SBWIRE) -- 11/15/2017 -- An investigation was announced on behalf of investors in NYSE:FLS shares concerning potential breaches of fiduciary duties by certain directors at Flowserve Corp.

Investors in shares of Flowserve Corp (NYSE:FLS) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Flowserve Corp officers and directors breached their fiduciary duties.

On July 27, 2017, Flowserve Corp announced its Second Quarter 2017 Results. Flowserve Corp announced that "certain immaterial accounting errors were identified in prior period financial statements for the period beginning in 2013 through the first quarter of 2017…" In addition, "the Company determined material weakness existed in its internal control structure at year-end 2016 and continued through the end of the 2017 second quarter."

Those who purchased shares of Flowserve Corp (NYSE:FLS) 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/nysefls-investor-notice-investigation-potential-wrongdoing-flowserve-corp-892100.htm

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