Finisar Corporation Stockholder Alert: Investigation over Executive Pay Vote

An investigation for Finisar Corporation investors over potential breaches of fiduciary duties by certain directors of Finisar Corporation was announced and NASDAQ-FNSR stockholders should contact the Shareholders Foundation.
 
 
mail@shareholdersfoundation.com
mail@shareholdersfoundation.com
Nov. 28, 2012 - PRLog -- An investigation on behalf of current investors in shares of Finisar Corporation  concerning whether certain officers and directors of Finisar Corporation breached their fiduciary duties in connection with their conduct of seeking shareholders’ approval of the compensation for certain officers.

Investors who are current long-term stockholders of shares of Finisar Corporation , 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 focuses on whether certain directors and officers of Finisar Corporation harmed the company. Specifically, the investigation focuses on potential breaches of fiduciary duties in connection with their conduct of seeking shareholders’ approval of the compensation for Finisar’s named executive officers

Finisar Corporation reported that while its Total Revenue rose from $948.79 million for the 12 months period that ended on April 30, 2011 to $952.58 million for the 12 months period that ended on April 30, 2012, its Net Income over the respective time periods declined from $88.09 million to $42.99 million.

Shares of Finisar Corporation  declined from as high as $43.22 per share in March 2011 to as low as $11.54 per share on October 26, 2012.

Those who are current long-term stockholders of Finisar Corporation  shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
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Source:
Email:***@shareholdersfoundation.com Email Verified
Phone:+1-(858)-779-1554
Zip:92108
Tags:Finisar Corporation, Nasdaq: Fnsr
Industry:Business, Finance
Location:San Diego - California - United States
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