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

Helmerich & Payne, Inc. (NYSE:HP) Long Term Investor Alert: Investigation over potential Wrongdoing

An investigation for current long-term investors in shares of Helmerich & Payne, Inc. (NYSE:HP) was announced and current long-term NYSE:HP stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 
 
mail@shareholdersfoundation.com
mail@shareholdersfoundation.com
PRLog - Feb. 12, 2013 - An investigation on behalf of current long-term stockholders of shares Helmerich & Payne, Inc. (NYSE:HP) was announced concerning whether certain Helmerich & Payne officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholder of shares of Helmerich & Payne, Inc. (NYSE:HP), 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 Helmerich & Payne officers and directors breached their fiduciary duties in connection with their conduct in seeking shareholders’ approval for the compensation of executives.

In the Proxy Statement filed by Helmerich & Payne, Inc. with the Securities and Exchange Commission the Board of Directors recommends that Helmerich & Payne’s shareholders vote to approve the compensation of Company executives disclosed in the proxy statement.

Helmerich & Payne, Inc. (NYSE:HP) reported that its Total Revenue rose from over $1.87 billion for the 12 months period that ended on Sept. 30, 2010 to over $3.15 billion for the 12 months period that ended on Sept. 30, 2012 and that its Net Income for the respective time periods increased from $156.31 million to $581.04 million.

Shares of Helmerich & Payne, Inc. (NYSE:HP) grew from as low as $20.30 in March 2009 to as high as $72.56 per share in July 2011.

On January 24, 2013, NYSE:HP shares closed at $61.93 per share.

Those who purchased shares of Helmerich & Payne, Inc. (NYSE:HP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Photo:
http://www.prlog.org/12077828/1

--- End ---

Click to Share

Contact Email:
***@shareholdersfoundation.com Email Verified
Source:Shareholders Foundation, Inc.
Phone:+1-(858)-779-1554
Zip:92108
City/Town:San Diego - California - United States
Industry:Business, Finance
Tags:helmerich & payne, nyse:hp
Shortcut:prlog.org/12077828
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