An investigation was announced for investors in shares of Masimo Corporation (NASDAQ:MASI) was announced over potential breaches of fiduciary duties by certain directors at Masimo.
Investors who purchased shares of Masimo Corporation (NASDAQ:MASI) have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Masimo Corporation (NASDAQ:MASI officers and directors breached their fiduciary duties.
Masimo Corporation reported that its Total Revenue rose from $547.25 million for the 52 weeks period that ended on December 28, 2013 to $630.11 million for the 52 weeks period that ended on January 1, 2016 and that its Net Income increased from $58.38 million to $83.30 million.
Shares of (NASDAQ:MASI) grew from $20.99 per share in September 2014 to $43.12 per share in November 2015.
On March 7, 2016, NASDAQ:MASI shares closed at $38.50 per share.
Those who purchased shares of Masimo Corporation have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego
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