An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Hilton Grand Vacations Inc.
Investors who purchased shares of Hilton Grand Vacations Inc. (NYSE: HGV) have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Hilton Grand Vacations directors breached their fiduciary duties and caused damage to the company and its shareholders.
Orlando, FL based Hilton Grand Vacations Inc., a timeshare company, develops, markets, sells, and manages vacation ownership resorts primarily under the Hilton Grand Vacations brand. Hilton Grand Vacations Inc. reported that its annual Total Revenue declined from over $1.83 billion in 2019 to $894 million in 2029, and that its Net Income of $216 million in 2019 turned to a Net Loss of $201 million in 2020.
Shares of Hilton Grand Vacations Inc. (NYSE: HGV) declined from $48.16 per share on May 25, 2021, to $36.95 per share on August 20, 2021.
Those who purchased shares of Hilton Grand Vacations Inc. (NYSE: HGV) have certain options and should contact the Shareholders Foundation.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.