Press release
Investigation announced for Investors in shares of Lee Enterprises, Incorporated (NYSE: LEE) over potential Wrongdoing
An investigation on behalf of investors in Lee Enterprises, Incorporated (NYSE: LEE) shares over potential wrongdoing.
Investors who purchased shares of Lee Enterprises, Incorporated (NYSE: LEE) 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 Lee Enterprises, Incorporated (NYSE: LEE officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Davenport, IA based Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. Lee Enterprises, Incorporated reported that its Total Revenue declined from $780.96 million for the 12 months period that ended on September 30, 2022, to as low as $691.13 million for the 12 months period that ended on September 30, 2023, and that its Net Loss over those respective time period increased from $2.01 million to $5.26 million.
Lee Enterprises, Inc. (NASDAQ: LEE) is accused of sharing subscribers' personal video-viewing information with Facebook without consent. Certain subscribers brought a class action in a lawsuit in the Southern District of Iowa.
Shares of Lee Enterprises, Incorporated (NYSE: LEE) declined to as low as $7.56 per share on December 28, 2023.
Those who purchased shares of Lee Enterprises, Incorporated (NYSE: LEE) 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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