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Investigation announced for Investors in shares of Hudson Ltd. (NYSE: HUD)

04-20-2020 07:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Hudson Ltd. (NYSE: HUD) shares over potential securities laws violations by Hudson Ltd.

An investigation for investors in Hudson Ltd. (NYSE: HUD) shares over potential securities laws violations by Hudson Ltd.

An investigation on behalf of investors of Hudson Ltd. (NYSE: HUD) shares over potential securities laws violations by Hudson Ltd. and certain of its directors and officers in connection with certain financial statements was announced.

Investors who purchased shares of Hudson Ltd. (NYSE: HUD), 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 possible claims on behalf of purchasers of the securities of Hudson Ltd. (NYSE: HUD) concerning whether a series of statements by Hudson Ltd. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

United Kingdom based Hudson Ltd. operates as a travel retail company in the United States and Canada. Hudson Ltd. reported that its annual Total Revenue rose from over $1.92 billion in 2018 to over $1.95 billion in 2019, and that its Net Income declined from $29.5 million in 2018 to $12.7 million in 2019.

On March 11, 2020, Hudson Ltd. announced the Company's fourth quarter and full year 2019 financial results. Among other results, Hudson Ltd. announced fourth quarter GAAP earnings per share of -$0.10, falling $0.03 short of consensus estimates.

Shares of Hudson Ltd. (NYSE: HUD) declined from $15.87 per share in January 2020 to as low as $2.26 per share on March 19, 2020.

Those who purchased shares of Hudson Ltd. (NYSE: HUD) 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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