Press release
Investigation announced for Long Term Investors in shares of Blue Bird Corporation (NASDAQ: BLBD)
An investigation on behalf of investors in Blue Bird Corporation (NASDAQ: BLBD) shares over potential wrongdoing at Blue Bird Corp
Investors who purchased shares of Blue Bird Corporation (NASDAQ: BLBD) 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 Blue Bird officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Macon, GA based Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally. Blue Bird Corporation reported that its Total Revenue rose from $683.99 million for the 12 months period that ended on September 30, 2021, to $800.63 million for the 12 months period that ended on September 30, 2022, and that its Net Loss over those respective time period increased from $0.289 million to $45.75 million.
Shares of Blue Bird Corporation (NASDAQ: BLBD) declined from $23.13 per share on March 09, 2023, to $17.37 per share on April 21, 2023.
Those who purchased shares of Blue Bird Corporation (NASDAQ: BLBD) 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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