San Diego, CA -- (SBWire) -- 01/11/2016 --An investigation for shareholders in American Capital Ltd.over potential securities laws violations by American Capital in connection certain financial statements was announced.
Investors who purchased shares of American Capital Ltd. (NASDAQ:ACAS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by American Capital regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 10, 2015, a report was published asserting, among other things, that certain tax documents could suggest American Capital's acquisition of Service Experts was a fraudulent transaction, that American Capital's subsidiary paid an unnamed employee $140 million over the course of three years, and that the $140 million payment was structured in a manner that hid it from American Capital shareholders.
On January 7, 2016, NASDAQ:ACAS shares closed at $13.97 per share.
Those who purchased shares of American Capital Ltd. (NASDAQ:ACAS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
American Capital Ltd. (NASDAQ:ACAS) Shareholder Alert: Investigation Announced
An investigation for investors in American Capital Ltd. (NASDAQ:ACAS) shares over potential securities laws violations by American Capital Ltd. was announced and NASDAQ:ACAS stockholders should contact the Shareholders Foundation.