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Kendall Law Group Investigates The St. Joe Company for Shareholders

^{Published on 2010-10-29 10:15:58 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], a national securities firm led by a former federal judge with attorneys that include a former U.S. Attorney, is investigating The St. Joe Company (NYSE: JOE) for shareholders. The investigation concerns possible breaches of fiduciary duty and other violations of the law by certain officers and directors of the Company. The St. Joe Company shareholders are urged to contact Scott Kendall of the Kendall Law Group at 877-744-3728 or by email at [ skendall@kendalllawgroup.com ].

On October 13, 2010, at the Value Investing Congress, a presentation was made claiming that Company fiduciaries were marking land as "pre-development" or "in development" when little to no construction appeared to have taken place. Shortly after the presentation, St. Joe's value fell more than 18% and hit a fifty-two week low on October 14, 2010. The Firma™s investigation seeks to determine whether The St. Joe Company directors and officers caused the Company to issue materially improper statements causing the stock to trade at inflated prices.

Kendall Law Group has the credentials and experience to pursue any type of complex securities litigation. The firm helps shareholders exercise their power to protect their investments when companies break the law. If you are a The St. Joe Company shareholder, you are encouraged to contact the Kendall Law Group to learn more about your rights.