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Investigation announced for Investors in NYSE: EMN shares over possible Wrongdoing at Eastman Chemical Company

07-23-2020 12:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Eastman Chemical Company (NYSE: EMN) shares over potential wrongdoing.

An investigation on behalf of investors in Eastman Chemical Company (NYSE: EMN) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Eastman Chemical Company.

Investors who purchased shares of Eastman Chemical Company (NYSE: EMN) and currently hold any of those NYSE: EMN shares 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 Eastman Chemical directors breached their fiduciary duties and caused damage to the company and its shareholders.

Kingsport, TN based Eastman Chemical Company operates as an advanced materials and specialty additives company worldwide. Eastman Chemical Company reported that its annual Total Revenue declined from over $10.15 billion in 2018 to over $9.27 billion in 2019, and that its Net Income declined from over $1.08 billion in 2018 to $759 million in 2019.

Shares of Eastman Chemical Company (NYSE: EMN) declined from $111.16 per share in early 2018 to as low as $34.44 per share on March 18, 2020.

Those who purchased shares of Eastman Chemical Company (NYSE: EMN) 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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