An investigation for investors in NASDAQ:MENT shares over potential securities laws violations by Mentor Graphics and certain of its directors and officers was announced.
Investors who purchased shares of Mentor Graphics Corp (NASDAQ:MENT), 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 possible claims on behalf of purchasers of the securities of Mentor Graphics Corp (NASDAQ:MENT) concerning whether certain statements regarding Mentor Graphics’ business, its prospects and its operations were materially false and misleading at the time they were made.
Mentor Graphics Corp reported that its Total Revenue rose from over $1.15 billion for the 12 months period that ended on January 31, 2014 to over $1.24 billion for the 12 months period that ended on January 31, 2015 while its Net Income for those respective time periods declined from $155.26 million to $147.14 million. Shares of Mentor Graphics Corp (NASDAQ:MENT) grew from $13.59 per share in November 2012 to as high as $28.09 per share on November 11, 2015.
On November 19, 2015, Mentor Graphics Corp reported its results for its fiscal third quarter ended on October 31, 2015 and issued its outlook for the fourth quarter and full year. Shares of Mentor Graphics Corp (NASDAQ:MENT) declined to as low as $17.28 per share on November 23, 2015
On December 11, 2015, NASDAQ:MENT shares closed at $17.43 per share.
Those who purchased shares of Mentor Graphics Corp (NASDAQ:MENT) 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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