Concur Technologies, Inc. (NASDAQ:CNQR) Investor Investigation in connection with Executive Compensation

January 31, 2012 | Author: | Posted in Investor Relations

An on behalf of investors in shares of , Inc. (:) over potential breaches of fiduciary duties by certain officers and directors of in connection with the executive compensation practices was announced.

Investors who purchased  shares of Concur Technologies, Inc. (), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 – 1554.

The investigation by a law firm focuses certain compensation and corporate governance matters involving certain of the Company’s executive officers and directors.

stocks fell during 2011 from as high as $57 per share in April 2011 to as low as $34.50 on August 19, 2011.

Despite its decrease in Net Income the CEO’s total compensation rose from $2.63million in 2009 to $5.49million in 2010, the CFO’s pay rose from $1.92million in 2010 to $2.52million in 2011, and its COO’s total compensation increased from $2.18million in 2009 to $4.66million in 2011.

Shareholders will hold an advisory vote on the compensation of executive officers on the annual meeting of Concur Technologies on March 14, 2012.

Those who purchased shares of Concur Technologies, Inc. (Public, NASDAQ:CNQR), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone:  +1-(858)-779-1554
Fax:  +1-(858)-605-5739
mail(at)shareholdersfoundation.com

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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, 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. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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