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Investigation announced for Investors in Leidos Holdings, Inc. (NYSE: LDOS) over potential Wrongdoing

03-17-2023 08:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Leidos Holdings, Inc. (NYSE: LDOS) shares over potential wrongdoing at Leidos Holdings.

An investigation on behalf of investors in Leidos Holdings, Inc. (NYSE: LDOS) shares over potential wrongdoing at Leidos Holdings.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Leidos Holdings, Inc.

Investors who purchased shares of Leidos Holdings, Inc. (NYSE: LDOS) 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 Leidos Holdings directors breached their fiduciary duties and caused damage to the company and its shareholders.

Reston, VA based Leidos Holdings, Inc., together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. Leidos Holdings, Inc. reported that its annual Total Revenue rose from over $12.29 billion in 2020 to $13.73 billion in 2021, and that its Net Income increased from $628 million in 2020 to $753 million in 2021.

On November 1, 2022, Leidos disclosed that it had received a grand jury subpoena in September requesting documents relating to the Company's internal investigation, which concerns whether Leidos violated the Foreign Corrupt Practices Act.

Those who purchased shares of Leidos Holdings, Inc. (NYSE: LDOS) 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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