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Stock impact report

WLFC Investigation Announcement: Willis Lease Finance Corporation Shareholders are Notified of BFA Law’s Investigation into Executive Compensation

Willis Lease Finance Corporation (WLFC) 
US:NASDAQ Investor Relations: willislease.com/investors.aspx
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Willis Lease Finance Corporation’s (NASDAQ:WLFC) board of directors as well as executive chairman Charles F. Willis, IV (as the controlling stockholder) for potential breaches of their fiduciary duties to shareholders in connection with Willis Lease’s past and ongoing practices of paying potentially excessive compensation to Mr. Willis.If you are a current shareholder of Willis Lease Finance, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/willis-lease-investigationWhy is Willis Lease Finance being Investigated?Willis Lease is “effectively controlled” by Charles F. Willis, IV, who founded the company in 1985 and owns approximately 40% of the company’s stock. Willis Lease’s board of directors consists of Mr. Willis, his son (who serves as the CEO of Willis Lease), and three additional directors (who are purportedly independe Show less Read more
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