Robbins Arroyo LLP Is Investigating the Officers and Directors of Casey's General Stores, Inc. (CASY) on Behalf of Shareholders

SAN DIEGO and ANKENY, Iowa, Dec. 5, 2014 /PRNewswire/ -- Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Casey's General Stores, Inc. CASY breached their fiduciary duties to shareholders. Casey's operates convenience stores in fourteen Midwestern states. 

View this press release on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/caseys-general-stores-inc

Casey's Reveals That a $30 Million Error in Its Income Taxes Will Require Revision of Its Financial Statements from Fiscal 2012 Through First Quarter 2015

On November 24, 2014, Casey's revealed that it had discovered a $30 million error in its income taxes related to tax credits on ethanol that is blended into gasoline. Casey's paid the Internal Revenue Service $31.5 million to correct the error. The company will also revise its financial statements for fiscal 2012, 2013, 2014 and first quarter 2015. On this news, Casey's stock fell $7.04, or 8.01%, per share. 

Casey's Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. 

Attorney Advertising. Past results do not guarantee a similar outcome.  

Contact:
Darnell R. Donahue
Robbins Arroyo LLP
600 B Street, Suite 1900
San Diego, Ca 92101
DDonahue@robbinsarroyo.com  
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com

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SOURCE Robbins Arroyo LLP