Tegna Inc (NYSE:TGNA) Investor Investigation Announced

If you purchased shares of Tegna Inc (NYSE:TGNA), you have certain options and you 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): 
Tegna
Affected Securities: 
NYSE: TGNA

August 4, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Tegna Inc (NYSE:TGNA) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Tegna Inc.

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

Tegna Inc reported that its Total Revenue rose from over $5.16 billion for the 52 weeks period that ended on December 29, 2013 to over $6 billion for the 52 weeks period that ended on December 28, 2014 and that its respective Net Income increased from $388.68 million to over $1.06 billion.Shares of Tegna Inc (NYSE:TGNA) grew from $9.09 per share in September 2011 to as high as $38.01 per share on June 22, 2015.

On August 4, 2015, NYSE:TGNA shares closed at $27.94 per share.