An investigation on behalf of investors of Belden Inc. (NYSE: BDC) shares over potential securities laws violations by Belden Inc. and certain of its directors and officers in connection with certain financial statements was announced.
Investors who purchased shares of Belden Inc. (NYSE: BDC), have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Belden Inc. (NYSE: BDC) concerning whether a series of statements by Belden Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
St. Louis, MO Belden Inc. designs, manufactures, and markets signal transmission solutions worldwide. Belden Inc. reported that its annual Total Revenue rose from over $2.35 billion in 2016 to over $2.38 billion in 2017 and that its Net Income declined from $128 million in 2016 to $93.21 million in 2017.
On December 3, 2018, Belden Inc. revealed that the Securities Exchange Commission (“SEC”) is conducting an investigation concerning the material weakness reported in its form 10-k filing for the year ended December 31, 2017.
Shares of Belden Inc. (NYSE: BDC) declined to as low as $37.79 per share on December 26, 2018.
Those who purchased shares of Belden Inc. (NYSE: BDC), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.