Energy News / Shareholders Foundation, Inc.

Oil-Dri Corporation of America (NYSE: ODC) Investor Investigation over Potential Wrongdoing

Via: ReleaseWire

Updated 1:38 PM CST, Thu, November 08,2018

An investigation on behalf of investors in Oil-Dri Corporation of America (NYSE: ODC) shares over potential wrongdoing at Oil-Dri Corporation of America (NYSE: ODC) was announced

San Diego, CA -- (SBWIRE) -- 11/08/2018 -- An investigation on behalf of investors in shares of Oil-Dri Corporation of America (NYSE: ODC) was announced over potential breaches of fiduciary duties by certain officers and directors at Oil-Dri Corporation of America (.

Investors who purchased shares of Oil-Dri Corporation of America (NYSE: ODC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Oil-Dri Corporation of America directors breached their fiduciary duties and caused damage to the company and its shareholders.

Chicago, IL based Oil-Dri Corporation of America develops, manufactures, and markets sorbent products in the United States and internationally. It operates through two segments, Retail and Wholesale Products Group, and Business to Business Products Group. Oil-Dri Corporation of America reported that its Total Revenue rose from $262.3 million for the 12 months period that ended on July 31, 2017 to $266 million for the 12 months period that ended on July 31, 2018 and that Net Income for those time periods declined from $10.79 million to $8.24 million. Shares of Oil-Dri Corporation of America (NYSE: ODC) declined to as low as $28.52 per share on October 18, 2018.

On November 7, 2018, NYSE: ODC closed at $33.35 per share.

Those who purchased shares of Oil-Dri Corporation of America (NYSE: ODC), 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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/oil-dri-corporation-of-america-nyse-odc-investor-investigation-over-potential-wrongdoing-1082520.htm

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