mail@shareholdersfoundation.com
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May 18, 2009 -
An investigation on behalf of current (long-term) investors in Gaylord Entertainment Company (Public, NYSE:GET) shares over potential potential claims against certain of the current executive officers and directors of Gaylord Entertainment Co. (NYSE: GET) related to issues involving Gaylord’s operations and management announced.
If you currently are an investor in Gaylord Entertainment (NYSE:GET) you have certain options and you should contact the Shareholders Foundation, Inc. immediately at:
Email: mail@shareholdersfoundation.com
Or call us at: +1 (858) 779 - 1554
According to the investigation by a law firm the investigation concerns statements in a press release issued by Gaylord Entertainment Co.’s largest shareholder, TRT Holdings, Inc. The press release includes the text of an “open letter to Gaylord shareholders”
identifying several areas in which Gaylord Entertainment has “failed to adequately deliver,” including a “failure to operate the business with discipline” and a “lack of accountability to shareholders.”
Among other things, the letter details specific problems with the Gaylord Entertainment’
s management and operations, including poor financial performance relative to peer group, excessive overhead, corporate waste, and excessive compensation. Gaylord Entertainment Company is a hospitality and entertainment company operating, through its subsidiaries. Gaylord Entertainment Company is located in Nashville, Tennessee and had $747.72million in total revenue with $111.91million net income in 2007 and $930.87million in total revenue with $4.36million net income in 2008. Shares of Gaylord Entertainment Company (Public, NYSE:GET) closed on Friday, May 15, 2009 at $13.22 per share, down from a 52weekHigh of $36.27 per share and $56.89 per share in 2007.
If you currently are an investor in Gaylord Entertainment (NYSE:GET) you have certain options and you should contact the Shareholders Foundation, Inc. immediately at:
Email: mail@shareholdersfoundation.com
Or call us at: +1 (858) 779 - 1554
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-
779-1554
Fax:+1-(858)-
605-5739
mail@shareholdersfoundation.com
www.ShareholdersFoundation.com
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Advertising. The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Any statements made in press releases, emails or over the phone by any member or personnel employed by Shareholders Foundation, Inc. or by third parties related to the Shareholders Foundation, Inc. is provided for research and guidance purposes only and are not legal advices. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
