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 firstname.lastname@example.org
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 email@example.com 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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