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Investigation announced for Investors in shares of Quad/Graphics, Inc. (NYSE: QUAD)

11-13-2019 06:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Quad/Graphics, Inc. (NYSE: QUAD) shares over potential securities laws violations.

An investigation for investors in Quad/Graphics, Inc. (NYSE: QUAD) shares over potential securities laws violations.

An investigation on behalf of investors of Quad/Graphics, Inc. (NYSE: QUAD) shares over potential securities laws violations by Quad/Graphics, Inc. in connection with certain financial statements was announced.

Investors who purchased shares of Quad/Graphics, Inc. (NYSE: QUAD), 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 a series of statements by Quad/Graphics, Inc. (NYSE: QUAD regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Sussex, WI based Quad/Graphics, Inc. provides marketing solutions worldwide. Quad/Graphics, Inc. reported that its annual Total Revenue rose from over $4.13 billion in 2017 to over $4.19 billion in 2018 and that its Net Income declined from $107.20 million in 2017 to $8.5 million in 2018.

On October 29, 2019, Quad/Graphics, Inc revealed, in connection with reporting its third quarter 2019 financial results, that Quad/Graphics, Inc had cut its dividend in half to $0.15 per share. Quad/Graphics, Inc also announced plans to divest its book business and updated its guidance to reflect the divestiture of its book business that the Company said generates $200 million in annual sales. Quad/Graphics' net sales guidance for 2019 was thus reduced to "approximately $3.9 billion" from the previous range of "$4.05 billion to $4.25 billion."

Shares of Quad/Graphics, Inc. (NYSE: QUAD) declined from $31.14 per share in February 2018 to as low as $4.10 per share on November 6, 2019.

Those who purchased shares of Quad/Graphics, Inc. (NYSE: QUAD) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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