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Shareholders Foundation, Inc. Logo

ValueVision Media Inc (NASDAQ:VVTV) Investor Investigation over potential Wrongdoing

An investigation on behalf of investors in NASDAQ:VVTV shares over potential wrongdoing at ValueVision Media Inc was announced and NASDAQ:VVTV stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 
PRLog - Jan. 15, 2014 - An investigation on behalf of investors in NASDAQ:VVTV shares was announced over potential breaches of fiduciary duties by certain officers and directors at ValueVision Media Inc.

Investors who are current long term stockholders in ValueVision Media Inc (NASDAQ:VVTV) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com (mailto:mail@shareholdersfoundation.com) or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain ValueVision Media officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

ValueVision Media Inc reported that its Total Revenue increased from $558.39 million for the 12 months period that ended on Jan. 28, 2012 to $586.82 million for the 12 months period that ended on Feb. 2, 2013 and that its respective Net Loss declined from $48.06 million to $27.68 million.

Shares of ValueVision Media Inc (NASDAQ:VVTV) grew from $1.54 per share in May 2012 to as high as $6.18 per share in July 2013.

However, shares of ValueVision Media Inc (NASDAQ:VVTV) reached $8.25 per share in July 2011.

Those who purchased shares of certain ValueVision Media Inc (NASDAQ:VVTV) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Contact
Shareholders Foundation, Inc.
+1-(858)-779-1554
mail@shareholdersfoundation.com

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Source:Shareholders Foundation, Inc.
Industry:Business, Finance
Tags:nasdaq:vvtv
Shortcut:prlog.org/12268622
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