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Investigation announced for Investors in shares of Tennant Company (NYSE: TNC)

05-06-2021 02:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Tennant Company (NYSE: TNC) shares over potential wrongdoing at Tennant Company.

An investigation on behalf of investors in Tennant Company (NYSE: TNC) shares over potential wrongdoing at Tennant Company.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Tennant Company (NYSE: TNC.

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

Eden Prairie, MN based Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Tennant Company reported that its annual Total Revenue declined from over $1.13 billion in 2019 to $1 billion in 2020, and that Net Income declined from $45.8 million in 2019 to $33.7 million in 2020.

Shares of Tennant Company (NYSE: TNC) closed on May 4, 2021, at $82.18 per share.

Those who purchased shares of Tennant Company (NYSE: TNC), 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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