An investigation for investors in NASDAQ:PLPC shares was announced over potential breaches of fiduciary duties by certain directors at Preformed Line Products Company.
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 +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Preformed Line Products 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 20, 2016, at $38.69 per share.
Those who purchased NASDAQ:PLPC 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