Acxiom Corporation (NASDAQ:ACXM) Investor Investigation Over Potential Wrongdoing

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July 13, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of Acxiom Corporation (NASDAQ:ACXM) was announced over potential breaches of fiduciary duties by certain officers and directors at Acxiom.

The investigation by a law firm concerns whether certain Acxiom Corporation officers and directors breached their fiduciary duties.

Conway, AR based Acxiom Corporation (Acxiom) is a technology and enablement services company. Acxiom Corporation reported that its Total Revenue rose from $850.09 million for the 12 months period that ended on March 31, 2016 to $880.25 million for the 12 months period that ended on March 31, 2017 and that its Net Income for those respective time periods declined from $6.70 million to $4.11 million.

Shares of Acxiom Corporation (NASDAQ:ACXM) grew from $16.57 per share in May 2015 to as high as $29.37 per share in February 2017.