An investigation on behalf of investors in Belden Inc. (NYSE: BDC) shares over potential wrongdoing at Belden Inc. was announced and NYSE: BDC stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 12/18/2018 -- An investigation was announced for investors in shares of Belden Inc. (NYSE: BDC) over potential breaches of fiduciary duties by certain officers and directors at Belden Inc.
Investors who purchased shares of Belden Inc. (NYSE: BDC) 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 Belden directors breached their fiduciary duties and caused damage to the company and its shareholders.
St. Louis, MO Belden Inc. designs, manufactures, and markets signal transmission solutions worldwide. Belden Inc. reported that its annual Total Revenue rose from over $2.35 billion in 2016 to over $2.38 billion in 2017 and that its Net Income declined from $128 million in 2016 to $93.21 million in 2017.
On December 3, 2018, Belden Inc. revealed that the Securities Exchange Commission ("SEC") is conducting an investigation concerning the material weakness reported in its form 10-k filing for the year ended December 31, 2017.
Shares of Belden Inc. (NYSE: BDC) declined to as low as $42.16 per share on December 17, 2018
Those who purchased shares of Belden Inc. (NYSE: BDC), 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
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.