Are you a former employee of Advanced Energy Industries, Inc. (AEIS) and own stock in the company? Robbins LLP is investigating breaches of fiduciary duty by the officers and board of directors of AEIS.
Advanced Energy Industries, Inc. (AEIS) Accused of Grossly Overcompensating Its Board of Directors
Shareholder rights law firm Robbins LLP is investigating Advanced Energy Industries, Inc. (AEIS) for gross overcompensation of its directors. After conducting an analysis of the director compensation of Advanced Energy against its peer groups, we determined that Advanced Energy's average director compensation differed from its peer groups' by $130,771.39 for fiscal year 2016, $291,819.25 for fiscal year 2017, and $216,334.72 for fiscal year 2018, indicating a pattern of conduct that shows a disregard for reasonable and compensable director compensation.