Energy News / Shareholders Foundation, Inc.

NYSE:SJM Investor Alert: Investigation over Potential Wrongdoing at J M Smucker Co

Via: ReleaseWire

Updated 12:00 PM CST, Wed, December 06,2017

An investigation on behalf of investors in J M Smucker Co (NYSE:SJM) shares over potential wrongdoing at J M Smucker Co was announced and NYSE:SJM stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 12/06/2017 -- An investigation was announced for investors in shares of J M Smucker Co over potential breaches of fiduciary duties by certain directors.

Investors in shares of J M Smucker Co (NYSE:SJM) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain J M Smucker directors breached their fiduciary duties and caused damage to the company and its shareholders.

Orrville, OH based The J. M. Smucker Company is a manufacturer and marketer of branded food and beverage products and pet food and pet snacks in North America. J M Smucker Co reported that its Total Revenue declined from over $7.81 billion for the 12 months period that ended on April 30, 2016 to over $7.39 billion for the 12 months period that ended on April 30, 2017 and that its Net Income over those time periods declined from $688.70 million to $592.30 million.

Shares of J M Smucker Co (NYSE:SJM) declined from as high as $155.23 per share in August 2016 to as low as $99.99 per share in November 2017.

Those who purchased shares of J M Smucker Co (NYSE:SJM), 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/nysesjm-investor-alert-investigation-over-potential-wrongdoing-at-j-m-smucker-co-901010.htm

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