An investigation on behalf of investors in Preformed Line Products Company (NASDAQ:PLPC) shares over potential wrongdoing at Preformed Line Products was announced and NASDAQ:PLPC stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 04/29/2016 -- An investigation for shareholders of Preformed Line Products Company (NASDAQ:PLPC) was announced over potential breaches of fiduciary duties.
Investors who purchased shares of Preformed Line Products Company (NASDAQ:PLPC) 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 Preformed Line Products officers and directors breached their fiduciary duties.
Preformed Line Products Company reported that its annual Total Revenue declined from $439.19 million in 2012 to $354.67 million in 2015 and that its respective Net Income declined from $29.29 million to $6.67 million. Shares of Preformed Line Products Company (NASDAQ:PLPC) closed on April 28, 2016, at $40.31 per share.
Those who purchased shares of Preformed Line Products Company (NASDAQ:PLPC), 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