Honeywell International Inc. (NYSE:HON) Investor Alert: Lawsuit over Stock Option Grants filed

A lawsuit was filed by a current investor in shares of Honeywell International Inc. (NYSE:HON) over alleged breaches of fiduciary duties and current NYSE:HON stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

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San Diego, CA -- (SBWire) -- 04/16/2013 --An investor who holds NYSE:HON shares filed a lawsuit against directors of Honeywell International Inc. in connection with certain stock option awards.

Investors who are current long-term stockholders in shares of Honeywell International Inc. (NYSE:HON), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges that certain directors and officers between 2006 and 2011 granted and accepted stock options that far exceeded the 2 million stock options amount permitted under the company's bonus program.

Honeywell International Inc. (NYSE:HON) reported that its annual Total Revenue rose from over $29.95 billion in 2009 to over $37.66 billion in 2012 and its respective Net Income rose from over $1.54 billion to over $2.92 billion.

Shares of Honeywell International Inc. (NYSE:HON) grew from $23.60 per share in March 2009 to as high as $75.48 per share in March 2013.

On April 12, 2013, NYSE:HON shares closed at $74.25 per share.

Those who are current long-term stockholders in shares of Honeywell International Inc. (NYSE:HON), have certain options and should contact the Shareholders Foundation.

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

Media Relations Contact

Trevor Allen
General Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/237572