Energy News / Shareholders Foundation, Inc.

NYSE:GEF Shareholder Notice: Investigation over Possible Securities Laws Violations by Greif, Inc

Via: ReleaseWire

Updated 11:00 AM CST, Mon, January 08,2018

An investigation for investors in Greif, Inc. (NYSE:GEF) shares over potential securities laws violations by Greif, Inc. was announced and NYSE:GEF stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 01/08/2018 -- Greif, Inc is under investigation over potential securities laws violations in connection with certain financial statements made by Greif, Inc. The investigation was announced for investors in NYSE:GEF shares.

Investors who purchased shares of Greif, Inc. (NYSE:GEF), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Greif, Inc. (NYSE:GEF) concerning whether a series of statements by Greif, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Delaware, OH based Greif, Inc. is a producer of industrial packaging products and services. Greif, Inc. reported that its Total Revenue declined from over $3.61 billion for the 12 months period that ended on October 31, 2015 to over $3.32 billion for the 12 months period that ended on October 31, 2010 and that its Net Income over those time periods increased from $71.90 million to $74.90 million. Shares of Greif, Inc. (NYSE:GEF) grew from $24.00 per share in February 2016 to as high as $61.23 per share in June 2017. Since then NYSE:GEF shares declined to as low as $51.01 per share on November 15, 2017.

Those who purchased shares of Greif, Inc. (NYSE:GEF) 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/nysegef-shareholder-notice-investigation-over-possible-securities-laws-violations-by-greif-inc-912530.htm

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