1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

NCR Corporation (NYSE:NCR) Long-Term Investor Alert: Investigation over potential Wrongdoing

An investigation for investors in shares of NCR Corporation (NYSE:NCR i over potential wrongdoing at NCR Corporation was continues and NYSE:NCR stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 
 
mail@shareholdersfoundation.com
mail@shareholdersfoundation.com
PRLog - Nov. 13, 2012 - SAN DIEGO -- An investigation on behalf of investors in shares of NCR Corporation (NYSE:NCR) was announced concerning whether certain officers and directors of NCR Corporation possibly breached their fiduciary duties in connection with certain statements.

If are a current long-term stockholder in shares of NCR Corporation (NYSE:NCR), you 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 NCR officers and directors breached their fiduciary duties and caused damage to NCR Corporation and its shareholders by, among other things, failing to implement adequate internal controls.

On August 14, 2012, NCR Corporation disclosed that it has received anonymous allegations from a purported whistleblower regarding certain aspects of NCR’s business practices in China, the Middle East and Africa, including allegations which, if true, might constitute violations of the Foreign Corrupt Practices Act.  NCR Corporation said that certain of the allegations relate to NCR's business in Syria.


On October 18, 2012, NCR Corporation announced its financial results for its third quarter 2012 and updated its 2012 financial outlook. During a conference call NCR Corporation said it received a subpoena from the Securities and Exchange Commission (“SEC”) related to allegations from a “purported whistleblower. NCR said it was cooperating with the subpoena as well as related inquiries from the Treasury Department’s Office of Foreign Assets Control and U.S. attorney’s office for the northern district of Georgia.

NCR Corporation (NYSE:NCR) reported that its annual Revenue increased from over $4.8 billion in 2010 to over $5.4 billion in 2011, while its Net Income decreased from $116 million in 2010 to $53 million in 2011.

Shares of NCR Corporation (NYSE:NCR) rose from as low as $11.67 in 2011 to as high as $25.41 per share in August 2012.

On October 23, 2012, NYSE:NCR shares closed at $21.43 per share.

Those who are current long-term stockholder in shares of NCR Corporation (NYSE:NCR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Photo:
http://www.prlog.org/12021807/1

--- End ---

Click to Share

Contact Email:
***@shareholdersfoundation.com Email Verified
Source:Shareholders Foundation, Inc.
Phone:+1-(858)-779-1554
Zip:92108
Location:San Diego - California - United States
Industry:Business, Fashion
Tags:NCR Corporation, NYSE:NCR
Shortcut:prlog.org/12021807
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share