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Investigation for Investors in NASDAQ: FARM shares announced over possible Wrongdoing at Farmer Bros. Co.

03-17-2021 04:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Farmer Bros. Co. (NASDAQ: FARM) shares over potential wrongdoing at Farmer Bros. Co.

An investigation on behalf of investors in Farmer Bros. Co. (NASDAQ: FARM) shares over potential wrongdoing at Farmer Bros. Co.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Farmer Bros. Co.

Investors who purchased shares of Farmer Bros. Co. (NASDAQ: FARM) 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 Farmer Bros. Co. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Northlake, TX based Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. Farmer Bros. Co. reported that its Total Revenue declined from $595.94 million for the 12 months period that ended on June 30, 2019, to $501.32 million for the 12 months period that ended on June 30, 2020, and that its Net Loss over those respective time period declined from $73.59 million to $37.08 million.

Shares of Farmer Bros. Co. (NASDAQ: FARM) declined from $37.35 per share in April 2017 to $3.47 per share in October 2020.

Those who purchased shares of Farmer Bros. Co. (NASDAQ: FARM) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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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