San Diego, CA — 11/15/2017 — An investigation was announced for investors of Time Inc (NYSE:TIME) shares over possible securities laws violations by Time.
The investigation by a law firm focuses on whether a series of statements by Time Inc (NYSE:TIME regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 10, 2017, Time announced its first quarter 2017 results. Time Inc. announced an eight percent decline in total revenue, which it attributed in part to distractions caused by earlier efforts to sell the Company.
Those who purchased shares of Time Inc (NYSE:TIME) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego
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