Shareholders Foundation, Inc.

NASDAQ:CCM Investor Alert: Investigation over Potential Wrongdoing at Cabot Microelectronics Corporation

An investigation on behalf of investors in Cabot Microelectronics Corporation (NASDAQ:CCM) shares over potential wrongdoing at Cabot Microelectronics was announced and NASDAQ:CCM stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 02/10/2017 -- An investigation on behalf of current long-term investors in shares of Cabot Microelectronics Corporation (NASDAQ:CCM) was announced over potential breaches of fiduciary duties by certain officers and directors at Cabot Microelectronics.

Investors who purchased shares of Cabot Microelectronics Corporation (NASDAQ:CCM) and currently hold any of those NASDAQ:CCM shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Cabot Microelectronics Corporation (NASDAQ:CCM) officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Cabot Microelectronics Corporation reported that its Total Revenue rose from $414.10 million for the 12 months period that ended on September 30, 2015 to $430.45 million for the 12 months period that ended on September 30, 2016 and that its respective Net Income grew from $56.15 million to $59.85 million.

Shares of Cabot Microelectronics Corporation (NASDAQ:CCM) Grew from $35.34 per share in February 2016 to as high as $69.14 per share on February 7, 2017.

On February 9, 2017, NASDAQ:CCM shares closed at $67.00 per share.

Those who purchased shares of Cabot Microelectronics Corporationhave 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