An investigation on behalf of investors in Ethan Allen Interiors Inc. (NYSE:ETH) shares over potential wrongdoing at Ethan Allen Interiors Inc. was announced and NYSE:ETH stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/22/2015 -- An investigation on behalf of investors in NYSE:ETH shares was announced over potential breaches of fiduciary duties by certain officers and directors at Ethan Allen Interiors Inc.
Investors who purchased shares of Ethan Allen Interiors Inc. (NYSE:ETH) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Ethan Allen officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Ethan Allen Interiors Inc. reported that its Total Revenue rose from $746.66 million for the 12 months period that ended on June 30, 2014 to $754.60 million for the 12 months period that ended on June 30, 2015 while its Net income for those respective time periods declined from $42.93 million to $37.14 million.
Shares of Ethan Allen Interiors Inc. (NYSE:ETH) closed on October 21, 2015, at $27.36 per share.
Those who purchased shares of Ethan Allen Interiors Inc. 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