An investigation for investors in NYSE:BDC shares over potential securities laws violations by Belden and in connection certain financial statements was announced.
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 focuses on whether a series of statements by Belden regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Belden Inc. reported that its annual Total Revenue rose from $2,308 million in 2014 to $2,309 million in 2015 while its Net Income declined from $74.45 million in 2014 to $66.20 million in 2015.
Shares of Belden Inc. (NYSE:BDC) declined from as high as $93.89 per share in April 2015 to as low as $39.13 per share in February 2016.
On April 22, 2016, NYSE:BDC shares closed at $64.25 per share.
Those who purchased NYSE:BDC shares 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
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