Press release
Investigation announced for Investors in shares of Stratus Properties Inc. (NASDAQ: STRS)
An investigation on behalf of investors in Stratus Properties Inc. (NASDAQ: STRS) shares over potential wrongdoing.
Investors who purchased shares of Stratus Properties Inc. (NASDAQ: STRS) 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 Stratus Properties Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Austin, TX based Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, and multi-and single-family residential real estate properties primarily in Austin, Texas. Stratus Properties Inc. reported that its annual Total Revenue declined from $87.60 million in 2018 to $30 million in 2019 and that EBIT declined from $3.56 million in 2018 to $1.18 million in 2019.
Shares of Stratus Properties Inc. (NASDAQ: STRS) closed on November 17, 2020, at $24.90 per share.
Those who purchased shares of Stratus Properties Inc. (NASDAQ: STRS), 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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