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NutriSystem Inc. under Investor Investigation concerning Executive Compensation
An investigation on behalf of current long term investors in NutriSystem Inc. was announced and NASDAQ- NTRI stockholders should contact the Shareholders Foundation at email@example.com
If you are a current long term investor in NutriSystem Inc. stock and/or if you have any information relating the investigation including whistleblowers and former employees, you have certain options and you should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether the directors and officers of NutriSystem Inc. harmed the company by breaching their fiduciary duties to shareholders. In particular the investigation on behalf of current long term investors in NutriSystem Inc. focuses on possible shareholder claims that certain of NutriSystem’
The investigation concerns possible claims that the prior compensation awarded at NutriSystem, Inc is improper based upon its current operating condition.
Shares of NutriSystem Inc. (Public, NASDAQ-NTRI)
The analyst said that “Weight Watchers seems to be back in a growth groove. Not only does Weight Watchers offer more options to potential clients (including online-based programs as well as in-person meeting-based approaches), they are in NutriSystems' kitchen so to speak with their own food line.”
NTRI shares fell from $20.21 on Thursday, Feb 24 to $14.02 the next trading day and closed on Friday, March 4, 2011, at $13.81 per share.
The investigation seeks to determine whether certain senior officers and executives at NutriSystem Inc. were awarded salaries, bonuses, stock options and other forms of long-term, ‘incentive’
Finally the investigation focuses also on possible shareholder claims that would allow NutriSystem stockholders to more efficiently influence or control future compensation decisions at NutriSystem Inc.
Those who are current long term investors in NutriSystem Inc. (Public, NASDAQ-NTRI)
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The Shareholders Foundation, Inc. is a professional portfolio legal monitoring service and 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/financial 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. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.