Faruqi & Faruqi, LLP is Investigating IDT Corporation on Behalf of its Shareholders - IDT
Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and the enforcement of federal antitrust laws, is investigating potential claims against the Board of Directors of IDT Corporation (“IDT” or the “Company”) (NYSE: IDT) concerning possible breaches of fiduciary duty and other violations of state law.
The investigation concerns unwarranted executive compensation and several related party transactions involving IDT’s Chief Executive Officer and Controlling Shareholder, Howard Jonas. Shareholders interested in seeking to recover damages on behalf of IDT and to implement corporate governance measures designed to prevent future misconduct should contact the firm.
If you hold IDT shares and you would like to discuss your legal rights, you can also contact us by calling Michael J. Hynes free at 877-247-4292 or at 215-277-5770 or by sending an e-mail to firstname.lastname@example.org.