Standex Int’l Corp. (NYSE:SXI) Investor Investigation Announced

If you purchased shares of Standex Int’l Corp. (NYSE:SXI), you have certain options and you should contact the Shareholders Foundation, Inc.

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Company Name(s): 
Standex Int'l
Affected Securities: 

May 18, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Standex Int’l Corp. (NYSE:SXI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Standex Int’l.

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

Standex Int'l Corp. reported that its Total Revenue rose from $673.39 million for the 12 months period that ended on June 30, 2013 to $716.18 million for the 12 months period that ended on June 30, 2014, whiles its respective Net Income declined from $44.85 million to $42.87 million. Shares of Standex Int'l Corp. (NYSE:SXI) grew from $28.95 per share in late 2011 to as high as $86.25 per share in October 2014.