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Hercules Offshore, Inc. Investor Files Lawsuit Against Directors In Connection With Executive Pay

  • If you are a current long term investor in Hercules Offshore, Inc. (NASDAQ HERO) stock, you have certain options and you should contact the Shareholders Foundation.

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Lawsuit Overview

An investor in shares of Hercules Offshore, Inc. (NASDAQ: HERO) filed a lawsuit against directors over alleged breaches of fiduciary duty in connection with Hercules’ executive pay. According to the complaint the plaintiff alleges the defendants breached their fiduciary duties for agreeing to overpay its executives. Hercules Offshore’s CEO pay rose from about $1.317million in 2009 ...



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