SHAREHOLDER ALERT: Finkelstein Thompson LLP Investigates Maxwell Technologies, Inc.
March 11 2013 - 2:41PM
Business Wire
The law firm Finkelstein Thompson LLP is investigating potential
claims on behalf of shareholders of Maxwell Technologies, Inc.
(“Maxwell” or the “Company”) (NASDAQ: MXWL). If you are interested
in discussing your rights as a Maxwell shareholder, or have
information relating to this investigation, please contact
Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or
by email at contact@finkelsteinthompson.com.
Finkelstein Thompson’s investigation stems from Maxwell’s March
7, 2013 announcement that investors should no longer rely on its
2011 and 2012 quarterly reports and other SEC filings. Maxwell’s
disclosure reportedly stemmed from an investigation by Maxwell's
audit committee, concluding that Maxwell’s financial statements
contained errors and preliminarily concluding that Maxwell’s
internal controls over financial reporting and disclosure are not
effective.
As a result of the investigation, Maxwell reportedly terminated
certain employees and its Sr. Vice President of Sales and Marketing
resigned. Shares of Maxwell closed down 12% percent on the day
following the Company’s announcement.
These facts may entitle Maxwell investors to legal remedies.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
Prior results do not guarantee similar outcomes.
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