AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) Long Term Investor Investigation Over Potential Breaches Of Fiduciary Duties Announced

If you are a current long-term stockholder of shares of AsiaInfo-Linkage, Inc. (NASDAQ:ASIA), you have certain options and should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
AsiaInfo-Linkage
Affected Securities: 
NASDAQ: ASIA

Nov. 5, 2012 (Shareholders Foundation) -- An investigation on behalf of current long-term stockholders of shares of AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) was announced concerning whether certain AsiaInfo-Linkage, Inc. officers and directors possibly breached their fiduciary duties in connection with certain statements.

The investigation by a law firm concerns whether certain AsiaInfo-Linkage's officers and directors violated or failed to follow the AsiaInfo-Linkage's shareholder-approved 2011 Stock Incentive Plan. In particular, so the investigation, on December 6, 2011, the board of directors of AsiaInfo-Linkage, Inc. granted 750,000 stock options to its President and Chief Executive Officer and 110,000 stock options to its Executive Vice President, whilte AsiaInfo-Linkage's Stock Incentive Plan limits the performance based equity awards that may be granted to any individual participant to 100,000 shares per fiscal year.

AsiaInfo-Linkage, Inc. reported that its annual Revenue rose from $146.88 million in 2008 to $481.04 million in 2011 and that its Net Income for the respective time periods increased from $18.79 million to $74.56 million.

Shares of AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) fell from as high as $31.05 in 2009 to as low as $6.70 per share in December 2011.