Helmerich & Payne, Inc. Long Term Investor Alert: Investigation over potential Wrongdoing

An investigation for current long-term investors in shares of Helmerich & Payne, Inc. was announced and current long-term NYSE-HP stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com
 
 
mail@shareholdersfoundation.com
mail@shareholdersfoundation.com
Feb. 12, 2013 - PRLog -- An investigation on behalf of current long-term stockholders of shares Helmerich & Payne, Inc.  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. , 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.  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 wfavv 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.  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. , 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:Helmerich & Payne, Nyse:hp
Industry:Business, Finance
Location:San Diego - California - United States
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