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Investigation for Long-Term Investors in shares of Harsco Corporation (NYSE: HSC) announced

05-12-2020 06:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Harsco Corporation (NYSE: HSC) shares over potential wrongdoing at Harsco Corporation.

An investigation on behalf of investors in Harsco Corporation (NYSE: HSC) shares over potential wrongdoing at Harsco Corporation.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Harsco Corporation.

Investors who purchased shares of Harsco Corporation (NYSE: HSC), 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 Harsco Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.

Camp Hill, PA based Harsco Corporation provides environmental solutions and services in North America, Western Europe, Latin America, the Asia Pacific, the Middle East, Africa, and Eastern Europe. Harsco Corporation reported that its annual Total Revenue rose from $1.6 billion in 2017 to $17.2 billion in 2018 and that its Net Income increased from $7.82 million in 2017 to $137.05 million in 2018.

On January 23, 2020, Harsco Corporation announced preliminary financial results for the fourth quarter of 2019. The Company currently expects adjusted operating income to be approximately $31 million. This adjusted operating income compares with the Company's guidance for the quarter of between $53 million and $58 million.

Shares of Harsco Corporation (NYSE: HSC) declined from $23.44 per share on January 2, 2020, to as low as $4.19 per share on March 18, 2020.

Those who purchased shares of Harsco Corporation (NYSE: HSC) 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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