An investigation for current long-term investors in shares of Actuant Corporation (NYSE:ATU) over potential wrongdoing by certain officers and directors of Actuant Corporation was continues and current long-term NYSE:ATU stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

San Diego, CA -- (SBWire) -- 12/11/2012 --An investigation on behalf of current long-term stockholders of shares of Actuant Corporation (NYSE:ATU) was announced concerning whether certain Actuant officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long-term stockholder of shares of Actuant Corporation (NYSE:ATU), including those who current hold NYSE:ATU shares since years, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Actuant officers and directors breached their fiduciary duties in connection with their conduct in seeking shareholders’ approval of executive compensation and an amendment to Actuant’s Equity Incentive Plan. In the Proxy Statement filed by Actuant Corporation with the Securities and Exchange Commission (“SEC”) the Board of Directors recommends that Actuant’s shareholders vote to approve an amendment to Actuant’s 2009 Omnibus Incentive Plan to, among other things, increase the number of shares of Class A common stock issuable under the plan by an additional 4,000,000 shares.

According to the investigation the issuance of the additional shares could have a severe dilutive effect on the shares of Actuant Corporation (NYSE:ATU) common stock.

Actuant Corporation (NYSE:ATU) reported that its Total Revenue rose from over $1.16 billion for the 12 months period that ended on August 31, 2010 to over $1.6 billion for the 12 months period that ended on August 31, 2012.

Shares of Actuant Corporation (NYSE:ATU) grew from as low as $7.81 per share in March 2009 to as high as $31.09 per share in September 2012.

However, Actuant’s Net Income fell from $111.56 million for the 12 months period that ended on August 31, 2011 to $87.29 million for the 12 months period that ended on August 31, 2012.

Those who purchased shares of Actuant Corporation (NYSE:ATU), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com