ARRIS Group, Inc. (NASDAQ:ARRS) Investor Investigation Concerning Possible Breaches Of Fiduciary Duties Announced

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September 30, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of ARRIS Group, Inc. (NASDAQ:ARRS) shares was announced over potential breaches of fiduciary duties by certain officers and directors at ARRIS Group, Inc.

The investigation by a law firm concerns whether certain ARRIS Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

ARRIS Group, Inc. reported that its annual Total Revenue rose from over $3.62 billion in 2013 to over $5.32 billion in 2014 and that its Net Loss of $48.76 million in 2013 turned into a Net Income of $327.21 million in 2014.

Shares of ARRIS Group, Inc. (NASDAQ:ARRS) grew from $24.70 per share in October 2014 to as high as $37.30 per share in April 2015.

Since then NASDAQ:ARRS shares lost substantial value. In fact, shares of ARRIS Group, Inc. (NASDAQ:ARRS) declined to as low as $24.46 per share on August 24, 2015.

On September 30, 2015, NASDAQ:ARRS shares closed at $25.97 per share.