An investigation on behalf of investors in M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI) shares over potential wrongdoing at M/A-COM Technology Solutions Holdings Inc was announced and MNASDAQ:MTSI stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/30/2015 -- An investigation on behalf of current long-term investors in shares of M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at M/A-COM Technology Solutions Holding Inc.
Investors who purchased shares of M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI) 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 concerns whether certain M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
M/A-COM Technology Solutions Holdings Inc reported that its Total Revenue rose from $323.07 million for the 12 months period that ended on Sept. 27, 2013 to $418.66 million for the 12 months period that ended on Oct. 3, 2014 while its Net Income declined from $18.20 million for the 12 months period that ended on Sept. 27, 2013 to a Net Loss of $10.32 million for the 12 months period that ended on Oct. 3, 2014.
Shares of M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI0 grew from $10.87 per share in November 2012 to as high as $39.52 per share on March 25, 2015.
On March 26, 2015, NASDAQ:MTSI shares closed at $34.90 per share.
Those who purchased shares of M/A-COM Technology Solutions Hldgs Inc (NASDAQ:MTSI), 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