The law firm of weiss & lurie investigates regis corporation
New york--(business wire)--weiss & lurie, a national class action and shareholder rights law firm with offices in new york city and los angeles, is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of regis corporation (nyse: rgs) pertaining to the company’s compensation package for its named executive officers. weiss & lurie is investigating whether regis’s board breached their fiduciary duties by awarding the company’s named executive officers excessive compensation despite the company’s resounding “no” vote on regis’s “say-on-pay proposal” at the company’s 2011 annual meeting of shareholders. regis’s executive compensation has increased significantly between the years 2008 to 2010, yet, during the same time frame the company has underperformed its peers and experienced an approximately 30% share price decline. if you own regis shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact michael a. rogovin either by email at info@weisslurie.com or by telephone at (888) 593-4771. weiss & lurie has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. we have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. if you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at info@weisslurie.com or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.attorney advertising. past results do not guarantee a similar outcome.
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