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Investigation announced for Long-Term Investors in Griffon Corporation (NYSE: GFF) over potential Wrongdoing

08-19-2022 04:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Griffon Corporation (NYSE: GFF) shares over potential wrongdoing at Griffon Corporation

An investigation on behalf of investors in Griffon Corporation (NYSE: GFF) shares over potential wrongdoing at Griffon Corporation

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

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

New York based Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Griffon Corporation reported that its Total Revenue declined from over $2.4 billion for the 12 months period that ended on September 30, 2020, to over $2.27 billion for the 12 months period that ended on September 30, 2021, and that its Net Income over those respective time periods increased from $53.42 million to $79.21 million.

Those who purchased shares of Griffon Corporation (NYSE: GFF) 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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