An investigation on behalf of investors in Pitney Bowes Inc. (NYSE:PBI) shares over potential wrongdoing at Pitney Bowes Inc. was announced and NYSE:PBI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/01/2018 -- An investigation was announced for investors in NYSE:PBI shares over potential breaches of fiduciary duties by certain officers and directors at Pitney Bowes Inc.
Investors who purchased shares of Pitney Bowes Inc. (NYSE:PBI) and currently hold any of those NYSE:PBI 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 Pitney Bowes officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Pitney Bowes Inc. is a global technology company that offers customer information management, location intelligence and customer engagement products and solutions to help its clients market to their customers, and shipping, mailing, and cross border e-commerce products and solutions that enable the sending of parcels and packages across the globe. Pitney Bowes Inc. reported that its annual Total Revenue rose from over $3.4 billion in 2016 to over $3.54 billion in 2017 and its Net Income increased from $95.51 million in 2016 to $222.34 million in 2017. Shares of Pitney Bowes Inc. (NYSE:PBI) declined from $23.96 per share in March 2015 to as low as $9.64 per share in November 2017.
On February 28, 2018, NYSE:PBI shares closed at $12.40 per share.
Those who purchased shares of Pitney Bowes Inc. (NYSE:PBI), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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