An investigation for investors in Matthews International Corp (NASDAQ:MATW) shares over potential securities laws violations by Matthews International was announced.

San Diego, CA -- (SBWire) -- 01/16/2018 --An investigation was announced investors of Matthews International Corp (NASDAQ:MATW) shares concerning potential violations of securities laws by Matthews International in connection with certain financial statements.

Investors who purchased shares of Matthews International Corp (NASDAQ:MATW), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Matthews International Corp (NASDAQ:MATW) concerning whether a series of statements by Matthews International regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 11, 2017, a report was published asserting that, following a "forensic financial review" of Matthews International Corp, it had identified, among other issues, "operational problems, declining financial performance, [and] accounting and financial control weakness" at the Company. Specifically, the report stated, in part, that Matthews International Corp had concealed the fact that two large acquisitions "have failed miserably to deliver", "taken classic measures to obscure its problems such as realigning segment reporting and promoting highly 'adjusted' figures", and had "serious financial control issues and governance concerns." Shares of Matthews International Corp (NASDAQ:MATW) declined on January 111, 2018 to as low as $50.10 per share.

On January 12, 2018, NASDAQ:MATW shares closed at $51.70 per share.

Those who purchased shares of Matthews International Corp (NASDAQ:MATW) 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